Chemours’ Motion to Dismiss Investor Suit Denied
Partially granting DuPont’s motion to dismiss, a Delaware District Court is allowing a consolidated class action alleging that the DuPont spinoff, Chemours knowingly hid the extent of its environmental remediation liabilities from investors. In particular, the investors’ suit points to PFAS as the basis for their allegations, claiming that Chemours “dramatically mischaracterized” its financial condition…