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NWL Newell Brands Inc

8.08
-0.29 (-3.46%)
18 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Newell Brands Inc NASDAQ:NWL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.29 -3.46% 8.08 7.55 11.00 8.34 8.04 8.34 2,728,224 05:00:08

NEWELL BRANDS SHAREHOLDER ALERT: CLAIMSFILER Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline i...

21/07/2018 3:50am

PR Newswire (US)


Newell Brands (NASDAQ:NWL)
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From May 2019 to May 2024

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NEW ORLEANS, July 20, 2018 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until August 20, 2018 to file lead plaintiff applications in a securities class action lawsuit against Newell Brands Inc. (NYSE: NWL), if they purchased the Company's shares between February 6, 2017 and January 24, 2018, inclusive (the "Class Period").  This action is pending in the United States District Court for the District of New Jersey.

Get Help

Newell investors should visit us at https://www.claimsfiler.com/cases/view-newell-brands-inc-securities-litigation or call to speak to our claim center toll-free at (844) 367-9658.  

About the Lawsuit

Newell and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

On January 25, 2018, Newell revealed expected 2017 core sales significantly below previous guidance partly due to ongoing retailer inventory problems and that it was considering significantly restructuring business by divesting industrial and commercial assets, which it anticipated would result in a 50% reduction in its customer base and global factory and warehouse footprint.  Further, the Company disclosed the resignations of three members of its Board.

On this news, the price of Newell's shares plummeted 21% to close at $24.81 per share.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. ClaimsFiler's team of experts monitor the securities class action landscape and cull information from a variety of sources to ensure comprehensive coverage across a broad range of financial instruments.

To learn more about ClaimsFiler, visit www.claimsfiler.com.

 

Cision View original content:http://www.prnewswire.com/news-releases/newell-brands-shareholder-alert-claimsfiler-reminds-investors-with-losses-in-excess-of-100-000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against-newell-brands-inc---nwl-300684466.html

SOURCE ClaimsFiler

Copyright 2018 PR Newswire

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