|Company Name||Tupperware Brands Corporation|
|Stock Symbol||NYSE: TUP|
|Class Period||January 30, 2019 to February 24, 2020|
|Motion Deadline||April 27, 2020|
A lawsuit has been filed on behalf of shareholders of Tupperware Brands Corporation (NYSE: TUP) alleging that Tupperware and certain executives violated the federal securities laws. Investors who purchased Tupperware stock between January 30, 2019 and February 24, 2020, that are interested in participating in the lawsuit as a lead plaintiff, are encouraged to submit your information below. Investors may also email the firm to obtain information at firstname.lastname@example.org or call (617) 531-3917.
East, the Asia Pacific, North America, and South America. The Company manufactures and sells an array of products for consumers under the Tupperware brand name. The Company also manufactures and distributes skin and hair care products, cosmetics, bath and body care, toiletries, fragrances, jewelry, and nutritional products under the Avroy Shlain, Fuller, NaturCare, Nutrimetics, and Nuvo brands. The Complaint alleges that Defendants throughout the Class Period made false and misleading statements and failed to disclose the following: (1) Tupperware lacked effective internal controls; (2) Tupperware would need to investigate Fuller Mexico’s accounting and liabilities; (3) Tupperware would be unable to timely file its annual report on Form 10-K for its fiscal year 2019; (4) Tupperware did not properly account for its accounts payable and accrued liabilities at Fuller Mexico; (5) Tupperware provided overvalued earnings per share guidance; (6) Tupperware would need relief from its $650 million Credit Agreement; and (7) as a result, Defendants’ statements about Tupperware’s business, operations, and prospects, were materially false and misleading or lacked a reasonable basis at all relevant times. It is alleged that when the market learned the truth about Tupperware, investors suffered damages.
Investors who purchased TUP securities between January 30, 2019 and February 24, 2020, are encouraged to contact the Thornton Law Firm’s shareholder rights team by submitting your information below. Interested TUP shareholders have until April 27, 2020, to apply to be lead plaintiff. The class has not yet been certified. Investors who do not wish to be a lead plaintiff need not take any action.
The Thornton Law Firm’s securities attorneys are highly experienced in representing individual shareholders and institutional investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of shareholders. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.