NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Spectrum Brands Holdings, Inc. (“Spectrum” or “the Company”) (NYSE: SPB) concerning possible violations of federal securities laws.
On April 26, 2018, Spectrum issued a press release disclosing disappointing second quarter 2018 results, and that the Company had lowered its fiscal year 2018 adjusted EBITDA guidance from $657-$674 million to $600-$617. In the same release, Spectrum announced that Executive Chairman David M. Maura was named Chief Executive Officer, effective immediately. Maura stated that the Company faced “challenges related to our two greenfield manufacturing and distribution projects.” To obtain additional information, go to:
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