DALLAS--(EON: Enhanced Online News)--Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor LLP announce that a federal class action lawsuit has been filed against TreeHouse Foods, Inc. (“TreeHouse”) (NYSE: THS) and several officers and directors for acts taken during the period of February 1, 2016 to November 2, 2016 (the “Class Period”).
Based upon the allegations in the class action, the firms are investigating additional legal claims against the officers and Board of Directors of TreeHouse. If you are an affected TreeHouse shareholder and want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC via email at firstname.lastname@example.org, Patrick Powers at Powers Taylor LLP via email at email@example.com, or call toll free at (877) 728-9607. There is no cost or fee to you.
According to the complaint, the defendants are alleged to have violated certain provisions of the Securities Exchange Act of 1934. Specifically, the complaint alleges, among other things, that defendants issued materially false and misleading statements and/or failed to disclose that: (1) TreeHouse’s private label business was underperforming; (2) TreeHouse’s acquisition strategy was underperforming; (3) TreeHouse had overstated its full-year 2016 guidance; and (4) as a result of the foregoing, statements about TreeHouse’s business, operations, and prospects were false and misleading and/or lacked a reasonable basis. TreeHouse stock dropped significantly when this information was revealed to the public.
The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.
Powers Taylor LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.