Treehouse Foods Inc
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Treehouse Foods Inc |
Stock Symbol : | NYSE: THS |
Class Period Start: | 02/01/2016 |
Class Period End: | 11/02/2016 |
Lead Plaintiff motion: | 01/17/2017 |
Date Filed: | 11/16/2016 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Northern District of Illinois |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the January 17, 2017 lead plaintiff deadline in a class action lawsuit filed against Treehouse Foods Inc (NYSE: THS) (“Treehouse Foods” or “the Company”). The suit is pending in the U.S. District Court for the Northern District of Illinois and investors, who purchased Treehouse Foods Inc securities between February 1, 2016 and November 2, 2016, have until January 17, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased Treehouse Foods Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class. The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that the Company's private label business and acquisition strategy were underperforming; that the Company overstated its full-year 2016 guidance; and that as a result of the above, TreeHouse's statements about its business, operations, and prospects were false and misleading and/or lacked a reasonable basis at all relevant times. On November 3, 2016, Treehouse Foods revealed that it lowered its full-year profit forecast. The Company also revealed the closure of a plant in Delta, British Columbia and job cuts at its facility in Battle Creek, Michigan and the resignation of its President and the appointment of a new CFO. On the news, NYSE: THS dropped over 19% on November 3, 2016. If you were negatively impacted by your investment in Treehouse Foods Inc securities between February 1, 2016 and November 2, 2016 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185 |