SAN DIEGO, Nov. 4, 2016 /PRNewswire/ -- Shareholder Rights
Law Firm Johnson & Weaver, LLP, is investigating potential
claims against TreeHouse Foods, Inc., Zimmer Biomet Holdings, Inc.,
AAC Holdings, Inc. and Big Lots Inc., as detailed below:
TreeHouse Foods, Inc.
Johnson & Weaver, LLP is investigating potential violations
of federal and state laws by certain officers and directors of
TreeHouse Foods, Inc. (NYSE: THS).
On November 3, 2016, TreeHouse
reported a third-quarter profit of $37.2
million or 65 cents per share.
Earnings, adjusted for one-time gains and costs, came to
70 cents per share. These results did
not meet Wall Street expectations as the average estimate of nine
analysts was 77 cents per share.
TreeHouse posted revenue of $1.59
billion in the period, also missing forecasts. Additionally,
TreeHouse announced the closure of a plant in Delta, British Columbia, that it was reducing
the workforce at its facility in Battle
Creek, Michigan and the resignation of its President and the
appointment of a new CFO. On the news, the stock price of TreeHouse
dropped over 19% on November 3,
2016.
If you have information that could assist in this
investigation, including past employees and others, or if you are a
TreeHouse shareholder and are interested in learning more about the
investigation or your legal rights and remedies, please contact
Jim Baker
(jimb@johnsonandweaver.com) by email or phone at 619-814-4471.
If emailing, please include a phone number where you can be
reached.
Zimmer Biomet Holdings, Inc.
Johnson & Weaver, LLP is investigating potential violations
of federal and state laws by certain officers and directors of
Zimmer Biomet Holdings, Inc. (NYSE:
ZBH).
On October 31, 2016, Zimmer
announced that it was reducing its full-year forecast for 2016 from
a previous estimate of $7.71 billion;
Zimmer now predicts revenues to be between $7.63 billion and $7.65 billion. On the news,
Zimmer shares closed down 14% on October 31,
2016.
On a conference call after the announcement the Company said it
was not able to supply enough hip and knee replacements. The supply
shortfall caused orthopedic surgeons to source other brands of
joint replacement products.
If you have information that could assist in this
investigation, including past employees and others, or if you are a
Zimmer shareholder and are interested in learning more about the
investigation or your legal rights and remedies, please contact
Jim Baker
(jimb@johnsonandweaver.com) by email or phone at 619-814-4471.
If emailing, please include a phone number where you can be
reached.
AAC Holdings, Inc.
Johnson & Weaver, LLP is investigating potential violations
of federal and state laws by certain officers and directors of
AAC Holdings, Inc. (NYSE:AAC).
On November 3, 2016, AAC stock
plummeted over 50% after reporting a third-quarter loss of
$2.5 million; it reported a profit in
the same period a year earlier. On a per-share basis, AAC said it
had a loss of 11 cents. Earnings,
adjusted for one-time gains and costs, were 19 cents per share. The results did not meet Wall
Street expectations. The average estimate of three analysts was for
earnings of 24 cents per share.
If you are an AAC shareholder and are interested in learning
more about the investigation or your legal rights and remedies,
please contact lead analyst Jim
Baker (jimb@johnsonandweaver.com) at 619-814-4471. If you
email, please include your phone number.
Big Lots Inc.
Johnson & Weaver, LLP, is investigating potential violations
of federal and state laws by certain officers and directors of
Big Lots Inc. (NYSE:BIG).
On December 05, 2013, the Company
announced financial results for its third quarter of fiscal 2013
that ended November 2, 2013. The
announcement included the news that it plans to shut down its
Canadian operations that it purchased in July 2011. The Company estimated a loss from
Canadian operations of $38 to $43
million in the fourth quarter of 2013 and for the full
fiscal year, a loss of $52 to
$57 million is anticipated. In
the first quarter of 2014, the Company will begin reporting the
Canadian stores as discontinued operations and it expects losses to
be in the range of $44 to $47
million. In late August of 2013, the CEO stated in a
conference call that the recent name change from Liquidation World
to Big Lots for several of the 76 Canadian stores had been very
well received and that he saw lots of upside."
If you are a long-term Big Lots shareholder and continuously
held stock since February 2012 and
are interested in learning more about the investigation or your
legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at
619-814-4471. If you email, please include your phone
number.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder
rights law firm with offices in California, New
York and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonandweaver.com. Attorney advertising. Past results
do not guarantee future outcomes.
Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com
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SOURCE Johnson & Weaver, LLP