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MarketScreener Homepage  >  Equities  >  Nyse  >  TreeHouse Foods Inc.    THS

TREEHOUSE FOODS INC.

(THS)
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Kaskela Law LLC : Announces Shareholder Investigation of TreeHouse Foods, Inc. - THS

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05/07/2019 | 09:05am EDT

Kaskela Law LLC announces that it is investigating TreeHouse Foods, Inc. (“TreeHouse” or the “Company”) (NYSE: THS) on behalf of the Company’s shareholders.

A shareholder class action complaint was filed against TreeHouse on behalf of investors who purchased shares of the Company’s stock between January 20, 2016 and November 2, 2016. During this time period, shares of TreeHouse’s stock traded as high as $103 per share.

Among other things, the complaint alleges that the defendants violated the federal securities laws by making a series of materially false and misleading statements to investors concerning the Company’s integration of acquired businesses. Recently the federal court presiding over the litigation denied defendants’ motion to dismiss the complaint, paving the way for litigation to proceed against TreeHouse and certain executive officer defendants.

Kaskela Law LLC is investigating whether members of TreeHouse’s Board of Directors violated the securities laws or otherwise failed to properly fulfill their fiduciary duties to the Company and its stockholders in connection with the above.

TreeHouse stockholders who purchased shares of the Company’s stock prior to November 2, 2016 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 – 1585 or (888) 715 – 1740, or via email at skaskela@kaskelalaw.com, to discuss this action and their legal rights and options. Additional information about this investigation may also be found at http://kaskelalaw.com/case/treehouse-foods/.

Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.

This notice may constitute attorney advertising in certain jurisdictions.


© Business Wire 2019
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Financials ($)
Sales 2019 5 428 M
EBIT 2019 284 M
Net income 2019 103 M
Debt 2019 2 105 M
Yield 2019 -
P/E ratio 2019 29,26
P/E ratio 2020 19,04
EV / Sales 2019 0,96x
EV / Sales 2020 0,95x
Capitalization 3 108 M
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Technical analysis trends TREEHOUSE FOODS INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 66,9 $
Spread / Average Target 21%
EPS Revisions
Managers
NameTitle
Steven Oakland President, Chief Executive Officer & Director
Gary Smith Chairman
C. Shay Braun Chief Operating Officer & Senior Vice President
Matthew J. Foulston Chief Financial Officer & Executive Vice President
Jess C. Sweley SVP-Research, Development & Commercialization
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