NEW ORLEANS, Aug. 10, 2018 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds
investors that they have until August 20, 2018 to file lead plaintiff applications in a securities class action
lawsuit against Newell Brands Inc. (NYSE: NWL), if they purchased the Company’s shares between February 6, 2017 and January 24,
2018, inclusive (the “Class Period”). This action is pending in the United States District Court for the District of New
Jersey.
Get Help
Newell investors should visit us at https://www.claimsfiler.com/cases/view-newell-brands-inc-securities-litigation or call to speak
to our claim center toll-free at (844) 367-9658.
About the Lawsuit
Newell and certain of its executives are charged with failing to disclose material information during the Class
Period, violating federal securities laws.
On January 25, 2018, Newell revealed expected 2017 core sales significantly below previous guidance partly due
to ongoing retailer inventory problems and that it was considering significantly restructuring business by divesting industrial and
commercial assets, which it anticipated would result in a 50% reduction in its customer base and global factory and warehouse
footprint. Further, the Company disclosed the resignations of three members of its Board.
On this news, the price of Newell’s shares plummeted 21% to close at $24.81 per share.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their
share of billions of dollars from securities class action settlements. ClaimsFiler's team of experts monitor the securities class
action landscape and cull information from a variety of sources to ensure comprehensive coverage across a broad range of financial
instruments.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
