SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Newell Brands Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Jul 02, 2018 02:25 pm
LOS ANGELES -- 

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Newell Brands Inc. ("Newell Brands" or the "Company") (NYSE: NWL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Newell Brands’ retail sales channel had a very high level of unsold inventory. The increased inventory was due to issues specific to Newell Brands and their products, as opposed to macroeconomic conditions as claimed by the Company. The high inventory level exposed Newell Brands to a risk of slower sales in the future. Additionally, undisclosed cultural differences and management clashes between legacy Newell Brands and the Jarden business units led to internal strife which would have an adverse influence on operating performance.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

The Schall Law Firm
Brian Schall, Esq.
Sherin Mahdavian, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com