NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. is investigating potential claims against TreeHouse Foods, Inc. (NYSE:THS). Our investigation concerns possible breaches of fiduciary duty by certain officers and directors of the Company.
On November 3, 2016, the Company released several pieces of negative information, including that its private brand’s business had failed to meet expectations; its 2016 guidance was excessive and would be lowered; its integration strategy had proven to be inadequate; it was closing its British Columbia facility; and its President had resigned.
Following these disclosures, the Company and certain of its executives were sued in a securities class action lawsuit, which charged them with failing to disclose material information during the Class Period and violating federal securities laws. Recently, the court presiding over that case denied the Company’s motion to dismiss and allowed the case to move forward.
If you purchased or otherwise acquired TreeHouse shares and continue to hold shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into TreeHouse Foods, Inc., please go to http://www.bespc.com/treehouse. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.