Core Viewpoint - A class action lawsuit has been filed against The Scotts Miracle-Gro Company for allegedly making materially false and misleading statements regarding its inventory levels, debt compliance, and financial performance during the Class Period from November 3, 2021, to August 1, 2023 [1][9]. Group 1: Lawsuit Details - The lawsuit claims that defendants assured investors that Scotts' inventory levels were appropriate and that they would remain compliant with debt covenants, which led to artificially inflated stock prices [9]. - When the true financial situation was revealed, investors reportedly suffered damages due to these misrepresentations [9]. Group 2: Participation Information - Investors who purchased Scotts common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [8]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly [6][8].
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages The Scotts Miracle-Gro Company Investors to Secure Counsel Before Important Deadline in Securities Class Action – SMG