NEW
YORK, June 24, 2022 /PRNewswire/ -- Jakubowitz
Law announces that a securities fraud class action lawsuit has
commenced on behalf of shareholders of Tupperware Brands
Corporation (NYSE: TUP).
To receive updates on the lawsuit, fill out the
form:
https://claimyourloss.com/securities/tupperware-brands-corporation-loss-submission-form/?id=29061&from=4
The lawsuit seeks to recover losses for shareholders who
purchased Tupperware between November 3,
2021 and May 3, 2022.
Shareholders interested in acting as a lead plaintiff
representing the class of wronged shareholders have until
August 15, 2022 to petition
the court. Your ability to share in any recovery doesn't require
that you serve as a lead plaintiff.
According to a filed complaint, Tupperware Brands Corporation
issued materially false and/or misleading statements and/or failed
to disclose that: (i) Tupperware was facing significant challenges
in maintaining its earnings and sales performance; (ii)
accordingly, Tupperware's full-year 2022 guidance was unrealistic
and/or unsustainable; (iii) all the foregoing, once revealed, was
likely to have a material negative impact on Tupperware's financial
condition; and (iv) as a result, the Company's public statements
were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for
shareholders who have been the victim of securities fraud. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law