Tupperware Brands : Please contact the Portnoy Law Firm to recover your losses; May 19, 2023 deadline
Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, May 09, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Tupperware Brands Corporation ("Tupperware" or the "Company") (NYSE:TUP) investors that a lawsuit filed on behalf of investors that purchased Tupperware securities (NYSE:TUP) between March 10, 2021 and March 16, 2023, inclusive (the "Class Period")
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses.
Tupperware announced on March 1, 2023 that it had identified misstatements in previous financial statements and lacked effective internal controls related to accounting for income tax. This caused a 15% drop in the stock price. On March 16, 2023, Tupperware disclosed that it would be unable to file its Annual Report and that previous financial statements dating back to 2020 would be restated. This caused a further 7.7% drop in the stock price. The complaint alleges that Tupperware made materially false and/or misleading statements and failed to disclose material adverse facts about the Company's business, operations, and prospects, including serious issues with internal controls and misstatements in financial statements.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
[email protected]
310-692-8883
www.portnoylaw.com
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