An investigation for investors in NYSE:SPB shares over potential securities laws violations was announced and NYSE:SPB stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 07/15/2016 -- An investigation on behalf of investors of Spectrum Brands Holdings, Inc. over potential securities laws violations by Spectrum Brands Holdings was announced.
Investors who purchased shares of Spectrum Brands Holdings, Inc. (NYSE:SPB), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether certain statements by regarding Spectrum Brands Holdings' business, its prospects and its operations were materially false and misleading at the time they were made.
Spectrum Brands Holdings, Inc. reported that its Total Revenue increased from over $4.42 billion for the 12 months period that ended on September 30, 2014 to over $4.69 billion for the 12 months period that ended on September 30, 2015 while its respective Net Income declined from $214.09 million to $148.90 million. Shares of Spectrum Brands Holdings, Inc. (NYSE:SPB) grew from $43.80 per share in December 2012 to as high as $122.52 per share on June 23 23, 2016.
On July 14, 2016, NYSE:SPB shares closed at $115.99 per share.
Those who purchased shares of Spectrum Brands Holdings, Inc. have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com