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Investigation announced for long-term Investors in shares of Spectrum Brands Holdings, Inc. (NYSE: SPB)

08-16-2019 07:18 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Spectrum Brands Holdings, Inc. (NYSE: SPB) shares.

An investigation on behalf of current long term investors in Spectrum Brands Holdings, Inc. (NYSE: SPB) shares.

An investigation on behalf of current long-term investors in shares of Spectrum Brands Holdings, Inc. (NYSE: SPB) concerning potential breaches of fiduciary duties by certain directors and officers of Spectrum Brands Holdings, Inc. was announced.

Investors who are current long term investors in Spectrum Brands Holdings, Inc. (NYSE: SPB) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NYSE: SPB stocks follows a lawsuit filed against Spectrum Brands Holdings, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: SPB stocks, concerns whether certain Spectrum Brands Holdings, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Western District of Wisconsin the plaintiff alleges that Spectrum Brands Holdings misrepresented and failed to disclose that Spectrum Brands Holdings had been self-inflicting the operational issues at its Ohio and Kansas facilities, that these operational issues were, in fact, recurring in nature, that these operational issues would continuously impact production, shipping levels and sales, and thatas a result of the foregoing, the Company’s financial statements were materially false and misleading at all relevant times.

Those who purchased shares of Spectrum Brands Holdings, Inc. (NYSE: SPB) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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