Tuesday, January 30, 2018 11:22:45 AM
New York, New York – Tripp Levy PLLC announces it has commenced an investigation of Newell Brands Inc. (NYSE: NWL) concerning possible violations of federal securities laws. Shareholders who purchased the stock since August 2017 and suffered a loss on their investment are eligible to participate in the action to potentially recover their losses at no cost.
Newell Brands stock plunged more than 20 percent after the Rubbermaid maker said it may sell off assets. The company said it will explore strategic options for at least 10 of its industrial and consumer businesses. They include: Waddington, Process Solutions, Rubbermaid Commercial Products, Rawlings, Goody, Rubbermaid Outdoor and U.S. Playing Cards. Newell shares have lost more than 32 percent in the new year. In addition, Martin Franklin announced his resignation Thursday from the board, as did Ian G.H. Ashken and Domenico De Sole.
If you are a shareholder of Newell and would like additional information as to you may be eligible to recover your losses for your shares at no cost, please contact us at:
Tripp Levy PLLC
New York, New York
Toll free: 800-511-7037
International: 602-241-2841
Email: contact@tripplevy.com
www.tripplevy.com
Tripp Levy PLLC represents individual and institutional shareholders in mergers and acquisitions transactions and has assisted in the recovery of billions of dollars for shareholders in securities actions around the globe.
Attorney advertising. Prior results do not indicate a similar outcome.
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