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Spectrum Brands Holdings, Inc. (NYSE:SPB) Investor Investigation Over Possible Wrongdoing Announced

  • If you purchased shares of Spectrum Brands Holdings, Inc. (NYSE:SPB), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Spectrum Brands Holdings, Inc.
Security
NYSE: SPB

Summary

March 23, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Spectrum Brands Holdings, Inc. (NYSE:SPB) was announced over potential breaches of fiduciary duties by certain officers and directors at Spectrum Brands Holdings.

The investigation by a law firm concerns whether certain Spectrum Brands Holdingsdirectors breached their fiduciary duties.

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 $108.90 per share on March 23, 2016.

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