INVESTOR ALERT: Tupperware Brands Corp (TUP) Class Action Deadline Approaching

CHESTNUT HILL, MA / ACCESSWIRE / April 24, 2020 / Sokolove Law announces an investigation into a securities class action lawsuit filed Tupperware Brands Corp, (TUP) on behalf shareholders. TUP investors who purchased at least 20,000 shares between January 30, 2019 to February 24, 2020 who are interested in learning more about the class action lawsuit should call 800-839-7101 to explore their legal rights. The April deadline is approaching, time is extremely limited- shareholders are encouraged to call without delay.

For more information visit: TUPFraud.com

Tupperware Brands Corp is a direct-to-consumer marketer of various consumer products across the world. In addition to selling Tupperware products, the Company also manufactures and distributes hair care, cosmetics, skincare, bath and body care, fragrances, jewelry and nutritional products under the brand names Avroy Shlain, Fuller, NaturCare, Nutrimetics, and Nuvo brands. The lawsuit alleges that the Defendants throughout the period between January 30, 2019 to February 24, 2020, made false and misleading statements. They failed to disclose five key items: (1) Tupperware did not have effective internal controls; (2) Tupperware needed to investigate Fuller Mexico's liabilities, accounting systems (including the accounts payable and accrued liabilities); (3) Tupperware would not be able to file its annual report on Form 10-K for the 2019 fiscal year; (4) Tupperware provided overvalued earnings per share guidance and; (5) Tupperware would need relief from its $650 million dollar Credit Agreement. Because of these issues, the Defendants' statements about Tupperware's business, prospects and operations were materially inaccurate and lacked a reasonable basis at all relevant times. It is alleged that once the market discovered the truth about Tupperware, shareholders suffered damages.

If you purchased at least 20,000 shares of TUP stock between January 30, 2019 to February 24, 2020, call our experienced case managers now at 800-839-7101 to discuss your legal rights in this securities fraud class action lawsuit.

The lawsuit in question alleges Tupperware Brands Corp violated federal securities laws and the class has not been certified yet. You are not represented by an attorney until certification occurs. If you do not take action you can remain an absent class member. There is no required minimum number of shares to be a class member.

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Sokolove Law provides quality legal services that help people obtain access to the civil justice system. For more than 40 years, Sokolove Law has worked to educate people about their legal rights and helped thousands of injured parties obtain the compensation they deserved from their legal claims. Sokolove Law is a national law firm with offices and a licensed attorney in nearly every state. The firm operates as a limited liability company in all states except Virginia, California, Michigan and Tennessee, where it operates as a limited liability partnership. For more information on Sokolove Law, please visit www.sokolovelawfirm.com

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SOURCE: Sokolove Law

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