An investigation on behalf of investors in TreeHouse Foods Inc. (NYSE: THS) shares over potential wrongdoing at TreeHouse Foods Inc. was announced.
San Diego, CA -- (SBWIRE) -- 08/12/2019 -- An investigation on was announced over potential breaches of fiduciary duties by certain officers and directors at TreeHouse Foods Inc. (NYSE: THS.
Investors who purchased shares of TreeHouse Foods Inc. (NYSE: THS) and currently hold any of those TreeHouse Foods Inc. (NYSE: THS shares have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain TreeHouse Foods Inc. (NYSE: THS officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
On November 3, 2016, TreeHouse Foods Inc reported its results for the third quarter 2016 results. TreeHouse Foods Inc lowered its full-year profit forecast and said it would close a plant in Delta, British Columbia and cut jobs at its facility in Battle Creek, Michigan.In a separate announcement on November 3, 2016, TreeHouse Foods Inc announced that Christopher D. Sliva has tendered his resignation as President in order to pursue another career opportunity.
On November 16, 2016, a lawsuit was filed against TreeHouse Foods Inc. (NYSE: THS) over alleged violations of Federal Securities Laws. The plaintiff claims that between February 1, 2016 and November 2, 2016 the defendants made false and/or misleading statements and/or failed to disclose that the Company's private label business was underperforming, that the Company's acquisition strategy was underperforming, that the Company had overstated its full-year 2016 guidance, and that 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.
Those who purchased shares of TreeHouse Foods Inc. (NYSE: THS) have certain options and should contact the Shareholders Foundation.
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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.
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