![](http://thielerlaw.com/assets/news/XixjmfQN_Diageo_logo.jpg)
Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Diageo PLC (NYSE: DEO) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Diageo PLC (NYSE: DEO) concerning whether a series of statements by Diageo PLC regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On July 22, 2015, The Wall Street Journal reported that the Securities and Exchange Commission is investigating whether Diageo has been shipping excess inventory to distributors in an effort to boost the liquor company’s results. After the release of this report, NYSE: DEO shares declined $4.75 per share, or more than 3.90%, to close at $114.91 on July 23, 2015.
Based in London and founded in 1886, Diageo PLC manufactures and distributes premium drinks, beer, spirits, and more. Their core products include brands such as Johnnie Walker Red Label, Johnnie Walker Black Label, Crown Royal, Buchanan’s, J&B, Baileys, Smirnoff, Captain Morgan, Guinness, Shui Jing Fang, and Yenì Raki.
If you purchased shares of Diageo PLC (NYSE: DEO) on or before July 22, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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