Tupperware Lawsuit Commenced, Submit Your Losses To Johnson Fistel, World Renowned Law Firm
SAN DIEGO, June 15, 2022 (GLOBE NEWSWIRE) — Shareholder rights law firm Johnson Fistel, LLP announces that a class action lawsuit has commenced on behalf of investors of Tupperware Brands Corporation (“Tupperware” or the “Company”) (NYSE: TUP). The class action is on behalf of shareholders who purchased Tupperware securities between November 3, 2021 and May 3, 2022, both dates inclusive (the “Class Period”), both dates inclusive (the “Class Period”). Investors are hereby notified that they have until August 15, 2022 to move the Court to serve as lead plaintiff in this action.
What actions may I take at this time?
There is no cost or obligation to you.
Plaintiff alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies. Specifically, Defendants allegedly made false and/or misleading statements and/or failed to disclose that: (i) Tupperware was facing significant challenges in maintaining its earnings and sales performance; (ii) accordingly, Tupperware’s full year 2022 guidance was unrealistic and/or unsustainable; and (iii) all the foregoing, once revealed, was likely to have a material negative impact on Tupperware’s financial condition.
A lead plaintiff will act on behalf of all other class members in directing the Tupperware class-action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the class-action lawsuit. An investor’s ability to share any potential future recovery of the Tupperware class action lawsuit is not dependent upon serving as lead plaintiff. For more information regarding the lead plaintiff process please refer to https://www.johnsonfistel.com/lead-plaintiff-deadlines.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. Johnson Fistel seeks to recover losses incurred due to violations of federal securities laws. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.