NEW YORK, Sept. 28, 2016 /PRNewswire/ -- The Law Offices of
Vincent Wong announce that a class
action lawsuit has been commenced in the USDC for the Eastern
District of New York on behalf of
investors who purchased The Hain Celestial Group, Inc. (NASDAQ:
HAIN) securities between November 5,
2015 and August 15, 2016.
Click here to learn about the case:
http://www.wongesq.com/pslra/the-hain-celestial-group-inc. There
is no cost or obligation to you.
According to the complaint, throughout the Class Period,
Defendants made false and misleading statements and/or failed to
disclose material adverse facts, including that: (1) Hain did not
have sufficient controls over financial reporting; and (2) Hain
failed to properly account for its revenue in connection with
certain US distributors.
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.
If you suffered a loss in Hain you have until October 17, 2016 to request that the Court
appoint you as lead plaintiff. Your ability to share in any
recovery doesn't require that you serve as a lead plaintiff. To
obtain additional information, contact Vincent Wong, Esq. either via email
vw@wongesq.com, by telephone at 212.425.1140, or visit
http://www.wongesq.com/pslra/the-hain-celestial-group-inc.
Vincent Wong, Esq. is an
experienced attorney that has represented investors in securities
litigations involving financial fraud and violations of shareholder
rights. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent
Wong