Cases & Investigations
TreeHouse Foods, Inc. Securities Litigation
Type: Notable Cases
Case Number: 16 CV 10632
Class Period: February 1, 2016 through November 2, 2016
Stock Symbol: NYSE: (THS)
Court: United States District Court for the Northern District of Illinois
Claim Deadline: 12/15/2021
Settlement Website: http://treehousesecuritieslitigation.com
Settlement Amount: $27,000,000
As Lead Counsel, Wolf Popper represented the Public Employees’ Retirement System of Mississippi (“PERS”) in this securities class action against TreeHouse Foods, Inc. and certain of its senior executives on behalf of investors who purchased TreeHouse securities during the period February 1, 2016 through November 2, 2016. The complaint alleged that TreeHouse and certain of its senior executives violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, by issuing a series of false and misleading statements arising out of the Company’s acquisition of ConAgra Foods, Inc.’s private brands operations, for $2.7 billion in cash in February 2016. The case was ultimately resolved for $27 million.
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