Grabar Law Office Investigates Potential Shareholder Derivative Action on Behalf of Current Shareholders of Spectrum Brands Holdings, Inc. After It Agrees to Settle Shareholder Action for $36,000,000 (SPB)

Philadelphia, Pennsylvania--(Newsfile Corp. - May 3, 2022) - Spectrum Brands Holdings, Inc. (NYSE: SPB) has agreed to settle a securities class action for $36 million.

Current Spectrum Brands shareholders who have held shares of Spectrum Brands stock since at least January 26, 2017, can seek corporate reforms, the return of funds back to company coffers and potentially a court approved incentive award if appropriate.

The underlying class action alleged that the Company and the Individual Defendants made a series of materially misleading statements and omissions regarding the Company's operations and financial results during the Class Period of January 26, 2017 to November 19, 2018.

If you would like to learn more about this matter at no cost to you, please fill out the form provided at https://grabarlaw.com/the-latest/spectrum-brands-holdings-investigation/ or contact us at jgrabar@grabarlaw.com or call 267-507-6085. $SPB.

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These materials have been prepared by the Grabar Law Office for informational purposes only and does not constitute legal advice. This information is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Prior results referred to in these materials do not guarantee or suggest a similar result in other matters.

Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place
1650 Market Street, Suite 3600
Philadelphia, PA 19103
Tel: 267-507-6085
Email: jgrabar@grabarlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/122622