EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit Against The Hain Celestial Group, Inc. - HAIN
August 17 2016 - 4:00PM
Business Wire
Rosen Law Firm, a global investor rights law firm, announces
that it has filed a class action lawsuit on behalf of purchasers of
The Hain Celestial Group, Inc. securities (NASDAQ:HAIN) from
November 9, 2015 through August 15, 2016, inclusive (the “Class
Period”). The lawsuit seeks to recover damages for Hain Celestial
investors under the federal securities laws.
To join the Hain Celestial class action, go to the website at
http://www.rosenlegal.com/cases-938.html or call Phillip Kim, Esq.
or Kevin Chan, Esq. toll-free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for information on the
class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, defendants throughout the Class Period
made false and/or misleading statements and/or failed to disclose
that (1) Hain Celestial lacked effective internal control over
financial reporting; (2) Hain Celestial failed to properly account
for revenue associated with concessions that were granted to
certain distributors in the United States; and (3) as a result,
defendants’ statements about Hain Celestial’s business, operations,
and prospects, were false and misleading and/or lacked a reasonable
basis. When the true details entered the market, the lawsuit claims
that investors suffered damages.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than
October 17, 2016. If you wish to join the litigation, go to
http://www.rosenlegal.com/cases-938.html or to discuss your rights
or interests regarding this class action, please contact, Phillip
Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at
866-767-3653 or via e-mail at pkim@rosenlegal.com or
kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
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version on businesswire.com: http://www.businesswire.com/news/home/20160817006191/en/
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: 212-686-1060Toll Free: 866-767-3653Fax:
212-202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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