Class Motion Lawsuit Filed to Get better

Buyers can contact the regulation agency for gratis to study extra about recovering their losses

LOS ANGELES, July 21, 2022 (GLOBE NEWSWIRE) — The Portnoy Legislation Agency advises Tupperware Manufacturers Company (“Tupperware” or “the Firm”) (NYSE: TUP) traders {that a} class motion filed on behalf of traders that bought Tupperware shares and misplaced cash are inspired to contact the agency to debate their authorized rights.

Buyers are inspired to contact lawyer Lesley F. Portnoy, by cellphone 844-767-8529 or e-mail: [email protected], to debate their authorized rights, or click on right here to affix the case through www.portnoylaw.com. The Portnoy Legislation Agency can present a complimentary case analysis and talk about traders’ choices for pursuing claims to get better their losses.

On Might 4, 2022 the Firm introduced poor working outcomes, coming in far beneath estimates: Adjusted EPS from persevering with operations 12 cents, estimate 53 cents. Web gross sales $348.1 million, estimate $362.5 million. Moreover, the Firm withdrew its full 12 months 2022 steerage, and named a brand new CFO. The Firm attributed the poor efficiency to arcane occasions in Russia and Ukraine. When pressed by analysts on a convention name, the Firm acknowledged that Russia and Ukraine solely accounted for two% of its income.

On this information, the Firm’s shares fell sharply in worth, thereby injuring traders.

Please go to our web site to overview extra data and submit your transaction data.

The Portnoy Legislation Agency represents traders in pursuing claims in opposition to brought on by company wrongdoing. The Agency’s founding companion has recovered over $5.5 billion for aggrieved traders. Lawyer promoting. Prior outcomes don’t assure comparable outcomes.

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
[email protected]
310-692-8883
www.portnoylaw.com

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