Glancy Prongay & Murray LLP Commences Investigation on Behalf of The Hain Celestial Group, Inc. Investors
August 16 2016 - 2:03PM
Business Wire
Glancy Prongay & Murray LLP (“GPM”) announces an
investigation on behalf of The Hain Celestial Group, Inc. (“Hain”
or the “Company”) (NASDAQ: HAIN) investors concerning the Company
and its officers’ possible violations of federal securities laws.
GPM is preparing a lawsuit on behalf of injured investors.
On August 15, 2016, Hain announced that it would delay the
release of its fourth quarter and fiscal year 2016 financial
results because the Company was evaluating whether the revenue
associated with concessions granted to certain distributors in the
U.S. was accounted for in the correct period. Hain also stated that
it was evaluating its internal control over financial reporting. On
this news, the Company’s stock price fell approximately 25% during
after-hours trading on August 15, 2016.
If you purchased Hain securities, have information or would like
to learn more about these claims, or have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Casey Sadler, Esquire, of GPM, 1925 Century
Park East, Suite 2100, Los Angeles, California 90067 at
310-201-9150, Toll-Free at 888-773-9224, by email to
shareholders@glancylaw.com, or visit our website at
http://www.glancylaw.com. If you inquire by email please include
your mailing address, telephone number and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160816006121/en/
Glancy Prongay & Murray LLP, Los AngelesCasey Sadler,
310-201-9150 or
888-773-9224shareholders@glancylaw.comwww.glancylaw.com
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