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Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Scotts, and Gritstone and Encourages Investors to Contact the Firm
SMGScotts Miracle-Gro(SMG) GlobeNewswire News Room·2024-06-18 01:00

The Scotts Miracle-Gro Company (NYSE: SMG) Lead Plaintiff Deadline: August 2, 2024 During the Class Period, Scotts was highly leveraged, with its senior secured credit facilities containing various restrictive covenants and cross-default provisions that require the Company maintain specific financial ratios. A breach of any of these covenants could result in a default, enabling the Company's lenders to declare all outstanding indebtedness immediately due and payable. A key covenant required that Scotts main ...