EQUITY ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by the Board of Directors Spectrum Brands Holdings, Inc.
NEW YORK, July 09, 2018 (GLOBE NEWSWIRE) -- 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:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
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CONTACT: Levi & Korsinsky, LLPEduard Korsinsky, Esq.30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171 www.zlk.com