SAN DIEGO, CA / ACCESSWIRE / February 13, 2018 / The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain purchasers of (NYSE: THS) shares against TreeHouse Foods Inc. over alleged violations of Securities Laws.
Investors, who purchased shares of TreeHouse Foods Inc. (NYSE: THS) in January 2016 or earlier and continue to hold any of those (NYSE: THS) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On November 16, 2016, a lawsuit was filed against TreeHouse Foods Inc. over alleged securities laws violations. The plaintiff alleged that 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.
On March 4, 2017, an amended complaint was filed and on May 26, 2017, the defendants filed their motion to dismiss the lawsuit. On February 11, 2018, the judge presiding over the case denied the defendants' motion to dismiss the case.
Those who purchased TreeHouse Foods Inc. (NYSE: THS) shares should contact the Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a 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. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
SOURCE: Shareholders Foundation, Inc.
