Grabar Law Office is investigating a potential derivative shareholder action on behalf of current shareholders of Spectrum Brands Holdings, Inc. after agreeing to settle a shareholder action for $36,000,000 (SPB)

Philadelphia, Pa.–(Newsfile Corp. – May 3, 2022) – Spectrum Brands Holdings, Inc. SPB agreed to settle a securities class action lawsuit for $36 million.

Current Spectrum Brands stockholders who have held Spectrum Brands stock since at least January 26, 2017 can seek corporate reforms, the return of funds to company coffers, and possibly a court-approved incentive award, the optionally.

The underlying class action alleged that the Company and the Individual Defendants made a series of materially misleading statements and omissions regarding the Company’s operations and financial results during the Class Period from January 26, 2017 through November 19. 2018.

If you would like to know more about this at no cost to you, please complete the form provided at https://grabarlaw.com/the-latest/spectrum-brands-holdings-investigation/ or contact us at [email protected] or call 267-507-6085. $SPB.

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These materials have been prepared by Grabar Law Firm for informational purposes only and do not constitute legal advice. This information is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Previous results mentioned in these documents do not guarantee or suggest a similar result in other areas.

Contact:
Joshua H. Grabar, Esq.
Grabar law firm
A place of freedom
1650 Market Street, Suite 3600
Philadelphia, Pennsylvania 19103
Tel: 267-507-6085
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/122622

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