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Case Status:    ONGOING    
On or around 03/12/2024 (Date of last review)

Filing Date: March 20, 2023

According to the Complaint, Tupperware Brands Corporation purports to be “a leading global consumer products company that designs innovative, functional, and environmentally responsible products."

The Complaint alleges Defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose, among other things, that: (1) Tupperware did not disclose its serious issues with internal controls; (2) Tupperware’s financial statements, from its 2020 Annual Report to the present, included misstatements, particularly as it related to the Company’s accounting for income taxes; (3) as a result, Tupperware would need to restate its previously filed financial statements for certain periods; and (4) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On June 5, 2023, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed an amended Complaint on January 12, 2024.

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