NEW YORK, May 21, 2023 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of Trinseo PLC (“Trinseo” or the “Company”) TSE. Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, extension 7980.

The investigation concerns whether Trinseo and certain of its officers and/or directors have engaged in securities fraud or other illegal business practices.

[Click here for information about joining the class action]

on March 27, 2023, The Philadelphia investigator published an article entitled “Bristol plant that spilled chemicals into Philly’s water supply has had further mishaps over the past decade.” The article reported that a “Bristol chemical plant” was owned by Trinseo[, Pennsylvania] Authorities said it caused a toxic spill that endangered Philadelphia’s drinking water has a long history of mishaps — including at least four recent incidents of contamination.” The article went on to report that “twice in the last decade, the US Coast Guard previously release of acrylates.” [commonly used to produce glass-like acrylics] from the Bristol plant to Delaware [River]. The EPA had reported two additional spills of acrylates separately.”

As a result of this news, Trinseo’s share price fell $1.09 per share, or 5.26%, to close at $19.62 per share on March 27, 2023.

The Pomerantz law firm, with offices in New York, Chicago, Los Angeles, London and Paris, is one of the leading law firms in the areas of corporate, securities and antitrust litigation. The Pomerantz Firm was founded by the late Abraham L. Pomerantz, known as the Dean of Class Action Attorneys, and pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz company continues the tradition it established and fights for the rights of victims of securities fraud, breaches of fiduciary duty and corporate misconduct. The company has recovered numerous multi-million dollar claims on behalf of group members.