SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against The Hain Celestial Group, Inc. & Encou...
August 18 2016 - 1:56PM
Business Wire
Khang & Khang LLP (the “Firm”) announces that a class action
lawsuit was filed against The Hain Celestial Group, Inc. (“Hain” or
the “Company”) (Nasdaq: HAIN). Investors who purchased or otherwise
acquired shares between November 9, 2015 and August 15, 2016
inclusive (the “Class Period”), are encouraged to contact the Firm
prior to the October 17, 2016 lead plaintiff motion
deadline.
If you purchased Hain shares during the Class Period, please
contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von
Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949)
419-3834, or by e-mail at joon@khanglaw.com.
There has been no class certification in this case. Until
certification occurs, you are not represented by an attorney. You
may choose to take no action and remain a passive class member.
According to the complaint, the Company made false and
misleading statements and/or failed to disclose: that Hain lacked
effective internal control over financial reporting; that the
Company failed to properly account for revenue associated with
concessions that were granted to certain distributors in the United
States; and a result of the above, Hain’s statements about its
business, operations and prospects, were false and misleading
and/or lacked a reasonable basis.
If you wish to learn more about this lawsuit, or if
you have any questions concerning this notice or your rights,
please contact Joon M. Khang, a prominent litigator for almost two
decades, by telephone: (949) 419-3834, or by e-mail at
joon@khanglaw.com.
This press release may constitute Attorney Advertising in
certain jurisdictions.
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version on businesswire.com: http://www.businesswire.com/news/home/20160818006081/en/
Khang & Khang LLPJoon M. Khang, Esq.Telephone:
949-419-3834Facsimile: 949-225-4474joon@khanglaw.com
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