INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Tupperware Brands Corporation and Encourages Investors to Contact the Firm Before A...
Tupperware Brands Corporation (TUP)
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ir.tupperwarebrands.com
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Source: GlobeNewswire
NEW YORK, March 13, 2020 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Central District of California on behalf of those who acquired Tupperware Brands Corporation (“Tupperware” or the “Company”) (NYSE: TUP) securities during the period from January 30, 2019 through February 24, 2020. Investors have until April 27, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The lawsuit alleges that the Company failed to disclose that: (i) Tupperware lacked effective internal controls; (ii) as a result, Tupperware would need to investigate Fuller Mexico’s accounting and liabilities; (iii) consequently, Tupperware would be unable to timely file its annual report on Form 10-K for its fiscal year 2019; (iv) Tupperware did not properly account for its accounts payable and accrued liabilities at Fuller Mexico; (v) Tupperware provided overvalued earnings per share guidance; a
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