SPB class action investigation Levi & Korsinsky

Class Action News

SPB Class Action Investigation Commences

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May 1, 2018

Levi & Korsinsky announces it has commenced an investigation of Spectrum Brands Holdings, Inc. (“Spectrum” or “the Company”) (NYSE: SPB) concerning possible violations of federal securities laws. On April 26, 2018, Spectrum issued a press release disclosing disappointing second quarter 2018 results, and that the Company had lowered its fiscal year 2018 adjusted EBITDA guidance from $657-$674 million to $600-$617. In the same release, Spectrum announced that Executive Chairman David M. Maura was named Chief Executive Officer, effective immediately. Maura stated that the Company faced “challenges related to our two greenfield manufacturing and distribution projects.” To obtain additional information on the Spectrum class action investigation (SPB class action investigation), go tohttp://www.zlk.com/pslra-d/spectrum-brands-holdings-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

For more information on the Spectrum investigation (SPB investigation), contact Levi & Korsinsky. Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.