Kaskela Law LLC Announces Shareholder Investigation of The Scotts Miracle-Gro Company (NYSE: SMG) and Encourages Long-Term SMG Shareholders to Contact the Firm
Scotts Miracle-Gro Company (The) (SMG)
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=98364&p=irol-irhome_pf
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Source: GlobeNewswire
PHILADELPHIA, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating The Scotts Miracle-Gro Company (NYSE: SMG) (“Scotts”) on behalf of the company’s long-term investors. https://kaskelalaw.com/case/scotts-miracle-gro/ Recently a securities fraud complaint was filed against Scotts on behalf of investors who purchased shares of the company’s stock between November 3, 2021 and August 1, 2023. According to the complaint, during that time period Scotts and certain of the company’s senior executive officers (i) made a series of materially false and misleading statements concerning the company’s inventory and debt compliance, and (ii) engaged in a “channel stuffing scheme” by pushing “product into its sales channels at a pace that outstripped demand while it repeatedly assured investors that its inventory levels were appropriate.” As detailed in the complaint, on June 8, 2022, Scotts admitted that replenishment orders from its U.S. retailers were mo
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SMG
Earnings
- 7/31/24 - Beat
SMG
Sec Filings
- 9/10/24 - Form 4
- 9/10/24 - Form 4
- 9/10/24 - Form 4
- SMG's page on the SEC website