Public Employees Retirement System of Mississippi Appointed Lead Plaintiff and Wolf Popper LLP Appointed Lead Counsel in TreeHouse Foods, Inc. Securities Class Action
On January 25, 2017, the United States District Court for the Northern District of Illinois appointed Public Employees’ Retirement System of Mississippi (“PERS”) as Lead Plaintiff in the securities class action titled Tarara v. TreeHouse Foods, Inc., Case No. 16 C 10632. A copy of the Court's order can be found here. The Court also approved PERS’s selection of Wolf Popper LLP as Lead Counsel and Robinson Curley & Clayton P.c. as Liaison Counsel. The action alleges that TreeHouse Foods, Inc. and certain of its senior executives violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, during the period February 1, 2016 through November 2, 2016, 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.