Cases
TreeHouse Foods, Inc. (THS)
Securities Class Action
Overview
Overview
- Date:
- 2/7/2019
- Company Name:
- TreeHouse Foods, Inc.
- Stock Symbol:
- THS
- Class Period:
- FROM 1/20/2016 TO 11/2/2016
- Status:
- Closed/Complete
NEW YORK, February 7, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against certain officers and directors of TreeHouse Foods, Inc. (NYSE: THS).
On November 16, 2016 a complaint was filed alleging that between January 20, 2016 and November 2, 2016, defendants made materially false and misleading statements regarding the company’s business, operations, and prospects. Specifically, the complaint alleges that defendants made false and/or misleading statements and/or failed to disclose that: (1) the company’s private label business was underperforming; (2) the company’s acquisition strategy was underperforming; (3) the company had overstated its full-year 2016 guidance; and (4) as a result of the foregoing, defendants’ statements about TreeHouse’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis. Recently the federal court presiding over the litigation denied defendants’ motion to dismiss the class action complaint, paving the way for litigation to proceed against TreeHouse and certain executive officer defendants.
If you are a long term stockholder of TreeHouse Foods , have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
On November 16, 2016 a complaint was filed alleging that between January 20, 2016 and November 2, 2016, defendants made materially false and misleading statements regarding the company’s business, operations, and prospects. Specifically, the complaint alleges that defendants made false and/or misleading statements and/or failed to disclose that: (1) the company’s private label business was underperforming; (2) the company’s acquisition strategy was underperforming; (3) the company had overstated its full-year 2016 guidance; and (4) as a result of the foregoing, defendants’ statements about TreeHouse’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis. Recently the federal court presiding over the litigation denied defendants’ motion to dismiss the class action complaint, paving the way for litigation to proceed against TreeHouse and certain executive officer defendants.
If you are a long term stockholder of TreeHouse Foods , have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.