Recent Security Class Actions

Spectrum Brands Holdings Inc. Common Stock (NYSE: SPB)

Company Name:Spectrum Brands Holdings Inc. Common Stock
Stock Symbol:NYSE: SPB
Class Period Start:01/26/2017
Class Period End (inclusive):11/19/2018
Filing Deadline:05/06/2019

According to the law firm press release, the complaint alleges that Spectrum misrepresented and failed to disclose that: (i) Spectrum had been self-inflicting the operational issues at its Ohio and Kansas facilities; (ii) these operational issues were, in fact, recurring in nature; (iii) these operational issues would continuously impact production, shipping levels and sales; and (iv) as a result of the foregoing, the Company’s financial statements were materially false and misleading at all relevant times.