HAIN SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving The Hain Celestial Grou...
October 05 2016 - 9:39AM
Business Wire
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 BroadwaySuite 304New York, NY
10002Tel. 212.425.1140Fax. 866.699.3880E-Mail: vw@wongesq.com
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version on businesswire.com: http://www.businesswire.com/news/home/20161005005811/en/
Law Offices of Vincent WongVincent Wong,
Esq.212.425.1140vw@wongesq.com
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