Tupperware Brands Corporation
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
Tupperware announced on March 1, 2023 that it had identified misstatements in previous financial statements and lacked effective internal controls related to accounting for income tax. This caused a 15% drop in the stock price. On March 16, 2023, Tupperware disclosed that it would be unable to file its Annual Report and that previous financial statements dating back to 2020 would be restated. This caused a further 7.7% drop in the stock price. The complaint alleges that Tupperware made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations, and prospects, including serious issues with internal controls and misstatements in financial statements.
