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Treehouse Foods, Inc.

Case Summary

Treehouse Foods, Inc. Securities Litigation

Case Summary

Case Status:    ONGOING    
On or around 09/04/2018 (Ongoing date of last review)

Filing Date: November 16, 2016

According to the law firm press release, the filed complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s private label business was underperforming; (2) the Company’s acquisition strategy was underperforming; (3) the Company had overstated its full-year 2016 guidance; and (4) as a result of the foregoing, Defendants’ statements about TreeHouse’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

On January 25, 2017, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed a consolidated Complaint on March 24. Defendants filed a Motion to Dismiss the consolidated Complaint on May 26. On February 12, 2018, the Court issued an Order denying Defendants' Motion to Dismiss the consolidated Complaint.

Company & Securities Information

Defendant: Treehouse Foods, Inc.

COMPANY INFORMATION:

Sector: Consumer Non-Cyclical
Industry: Food Processing
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: THS
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.

First Identified Complaint

Annemarie Tarara, et al. v. Treehouse Foods, Inc., et al.

COURT: N.D. Illinois
DOCKET #: 16-CV-10632
JUDGE: Hon. Samuel Der-Yeghiayan
DATE FILED: 11/16/2016
CLASS PERIOD START: 02/01/2016
CLASS PERIOD END: 11/02/2016
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Glancy Prongay & Murray LLP
    1925 Century Park East, Suite 2100 , Glancy Prongay & Murray LLP, CA 90067
    (310) 201-9150 (310) 432-1495 ·
  2. Lawrence, Kamin, Saunders & Uhlenhop, L.L.C.
    300 S. Wacker Drive, Suite 500, Lawrence, Kamin, Saunders & Uhlenhop, L.L.C., IL 60606
    ·
First Identified Complaint (FIC) Filings:
No Document Title Filing Date
1 Class Action Complaint for Violations of the Federal Securities Laws 11/16/2016
2 U.S. District Court Civil Docket 11/16/2016
3 Order 01/25/2017

Reference Complaint

The Public Employees' Retirement System of Mississippi, et al. v. Treehouse Foods, Inc., et al.

COURT: N.D. Illinois
DOCKET #: 16-CV-10632
JUDGE: Hon. Samuel Der-Yeghiayan
DATE FILED: 03/24/2017
CLASS PERIOD START: 01/20/2016
CLASS PERIOD END: 11/02/2016
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Robinson, Curley & Clayton
    300 S Wacker Dr # 1700, Robinson, Curley & Clayton, IL 60601
    312.663.3100 ·
  2. Wolf Popper, LLP
    845 Third Avenue, Wolf Popper, LLP, NY 10022-6689
    877.370.7703 212.486.2093 · IRRep@wolfpopper.com
Reference Complaint (REF) Filings:
No Document Title Filing Date
1 Consolidated Class Action Complaint for Violations of the Federal Securities Laws 03/24/2017
2 Memorandum Opinion 02/12/2018
3 U.S. District Court Civil Docket 05/24/2018
 
 

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