Kaskela Law LLC Announces Shareholder Investigation of TreeHouse Foods, Inc. - THS
NEWTOWN SQUARE, Pa.--(BUSINESS WIRE)--May 7, 2019--Kaskela Law LLC announces that it is investigating TreeHouse Foods, Inc. (“TreeHouse” or the “Company”) (NYSE: THS) on behalf of the Company’s shareholders.
A shareholder class action complaint was filed against TreeHouse on behalf of investors who purchased shares of the Company’s stock between January 20, 2016 and November 2, 2016. During this time period, shares of TreeHouse’s stock traded as high as $103 per share.
Among other things, the complaint alleges that the defendants violated the federal securities laws by making a series of materially false and misleading statements to investors concerning the Company’s integration of acquired businesses. Recently the federal court presiding over the litigation denied defendants’ motion to dismiss the complaint, paving the way for litigation to proceed against TreeHouse and certain executive officer defendants.
Kaskela Law LLC is investigating whether members of TreeHouse’s Board of Directors violated the securities laws or otherwise failed to properly fulfill their fiduciary duties to the Company and its stockholders in connection with the above.
TreeHouse stockholders who purchased shares of the Company’s stock prior to November 2, 2016 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 – 1585 or (888) 715 – 1740, or via email at email@example.com, to discuss this action and their legal rights and options. Additional information about this investigation may also be found at http://kaskelalaw.com/case/treehouse-foods/.
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
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View source version on businesswire.com:https://www.businesswire.com/news/home/20190507005206/en/
CONTACT: D. Seamus Kaskela, Esq.
KASKELA LAW LLC
18 Campus Boulevard, Suite 100
Newtown Square, PA 19073
(484) 258 – 1585
(888) 715 – 1740
KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Kaskela Law LLC
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PUB: 05/07/2019 09:00 AM/DISC: 05/07/2019 09:01 AM