NEW ORLEANS, Oct. 07, 2016 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former
Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 17, 2016 to
file lead plaintiff applications in a securities class action lawsuit against The Hain Celestial Group, Inc. (Nasdaq:HAIN), if they
purchased the Company’s securities between November 5, 2015 and August 16, 2016, inclusive (the “Class Period”). This action
is pending in the United States District Court for the Eastern District of New York.
What You May Do
If you purchased shares of Hain and would like to discuss your legal rights and how this case might affect you
and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or
email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com). If you wish to
serve as a lead plaintiff in this class action, you must petition the Court by October 17, 2016.
About the Lawsuit
Hain and certain of its executives are charged with failing to disclose material information during the Class
Period, violating federal securities laws.
On August 15, 2016, Hain announced that it was delaying the release of its fourth quarter and fiscal year 2016
financial results and does not expect to achieve its previously announced guidance for fiscal year 2016. Hain also disclosed
that it “identified concessions that were granted to certain distributors” and was “evaluating whether the revenue associated with
those concessions was accounted for in the correct period and is also currently evaluating its internal control over financial
reporting.”
On this news, the price of Hain’s shares plummeted.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on
securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against
publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact: Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner lewis.kahn@ksfcounsel.com 1-877-515-1850 206 Covington St. Madisonville, LA 70447
