Glancy Prongay & Murray LLP Continues Investigation on Behalf of Spectrum Brands Holdings, Inc. Investors (SPB)

LOS ANGELES--()--Glancy Prongay & Murray LLP (“GPM”) continues its investigation on behalf of Spectrum Brands Holdings, Inc. (“Spectrum” or the “Company) (NYSE: SPB) investors concerning the Company and its officers’ possible violations of federal securities laws. To obtain information or aid in the investigation, please visit the Spectrum investigation page on our website at www.glancylaw.com/case/spectrum-brands-holdings-inc.

On April 26, 2018, Spectrum issued a press release disclosing that the Company’s “second quarter performance was very disappointing” due to “challenges related to our two greenfield manufacturing and distribution projects.” On the same day, the Company disclosed that Andreas Rouvé was stepping down as Spectrum’s CEO and that the Company had lowered its fiscal year 2018 adjusted EBITDA guidance from $657-$674 million to $600-$617 million.

On this news, Spectrum’s share price fell $19.22 per share, or 20.4%, to close at $75.01 per share on April 26, 2018, thereby injuring investors.

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If you purchased Spectrum securities, have information or 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 Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Glancy Prongay & Murray LLP, Los Angeles/New York
Lesley Portnoy, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com

Release Summary

Glancy Prongay & Murray LLP Continues Investigation on Behalf of Spectrum Brands Holdings, Inc. Investors (SPB)

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Contacts

Glancy Prongay & Murray LLP, Los Angeles/New York
Lesley Portnoy, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com