May. 20 at 2:38 PM
$HAIN — The Hain Celestial Group new investor settlement
A tentative settlement was reached this month. Terms are being finalized, but you can already submit a claim to get payment.
📌 What happened?
What happened?
The Hain Celestial Group misled investors by inflating sales growth through undisclosed distributor concessions, including discounts, extended payment terms, rights of return, and spoilage reimbursements used to push excess inventory to distributors. The alleged scheme unraveled after Hain disclosed accounting issues, delayed financial filings, and later revealed that prior financial statements could no longer be relied upon, causing significant declines in
$HAIN stock, including a 26.3% drop on August 15, 2016.
❓ Who qualifies?
Buyers of
$HAIN between November 5, 2013– February 10, 2017.
➡️ Apply now: https://11th.com/cases/thehaincelestialgroup-investor-settlement
