Class Action Filed Against The Scotts Miracle-Gro Company (SMG) Seeking Recovery for Investors - Contact Levi & Korsinsky

Core Viewpoint - A class action securities lawsuit has been filed against The Scotts Miracle-Gro Company, alleging securities fraud related to inventory oversupply and deceptive sales practices from November 3, 2021, to August 1, 2023 [1][4]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for Scotts investors who were negatively impacted by the alleged fraud during the specified period [1]. - Investors have until August 5, 2024, to request to be appointed as lead plaintiff, although participation in any recovery does not require this role [2]. - The complaint claims that Scotts executives engaged in a scheme to pressure retailers into purchasing excess inventory, leading to a significant oversupply that exceeded consumer demand [5]. Group 2: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [3]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, highlighting its expertise in complex securities litigation [3]. Group 3: Cost Implications - Class members may be entitled to compensation without any out-of-pocket costs or fees, indicating a no-cost participation model for affected investors [6].