Tupperware Brands Corporation (TUP) is facing a class action lawsuit alleging that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) TUP was facing significant challenges in maintaining its earnings and sales performance; (ii) accordingly, TUP’s full-year 2022 guidance was unrealistic and/or unsustainable; (iii) all the foregoing, once revealed, was likely to have a material negative impact on TUP’s financial condition; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.
If you incurred a loss on TUP stocks purchased between November 3, 2021 and May 3, 2022, this lawsuit is on your behalf. The lawsuit was filed in the United States District Court for the Southern District of New York, and our firm is reaching out to investors to discuss their legal rights.
If you wish to act as a representative of the shareholders harmed by this misconduct, you may ask the court to appoint you as lead plaintiff. A lead plaintiff directs the litigation and participates in important decisions, including whether to accept a settlement for the class in the action.
You only have until August 15, 2022 to apply to be lead plaintiff. The court will then evaluate the applicants and choose a lead plaintiff. You are not required to act as a lead plaintiff in order to participate in any recovery.
Tupperware Brands Corporation Class Action Lawsuit
Tupperware Brands Corporation Lawsuit
TUP Class Action Lawsuit
Tupperware Brands Corporation (TUP) Class Action Lawsuit