Energy News / Shareholders Foundation, Inc.

NYSE: IFF Long Term Shareholder Notice: Investigation of Potential Wrongdoing by International Flavors & Fragrances Inc.

Via: ReleaseWire

Updated 11:30 AM CDT, Mon, October 21,2019

An investigation on behalf of current long term investors in International Flavors & Fragrances Inc. (NYSE: IFF) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NYSE: IFF stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 10/21/2019 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors of International Flavors & Fragrances Inc.

Investors who are current long term investors in International Flavors & Fragrances Inc. (NYSE: IFF) 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 investors in NYSE: IFF stocks follows a lawsuit filed against International Flavors & Fragrances Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: IFF stocks, concerns whether certain International Flavors & Fragrances Inc. directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that the Defendants failed to disclose to investors: (1) that Frutarom had bribed customers in Russia and Ukraine; (2) that senior management at Frutarom were aware of such improper payments; (3) that, as a result, Frutarom's financial results were materially overstated; (4) that, as a result of the improper payments, the Company was reasonably likely to face regulatory scrutiny; (5) that the Company had not completed adequate due diligence before acquiring Frutarom; (6) that, as a result of the foregoing, the Company was unlikely to achieve purported synergies from the acquisition; and (7) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of International Flavors & Fragrances Inc. (NYSE: IFF) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , 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, investigation, and/or settlements are not filed/reached and/or 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.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nyse-iff-long-term-shareholder-notice-investigation-of-potential-wrongdoing-by-international-flavors-fragrances-inc-1263087.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com