SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Spectrum Brands Holdings, Inc. (SPB)

NEW YORK, May 1, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Spectrum Brands Holdings, Inc. ("Spectrum" or the "Company") (NYSE: SPB). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/spb.

The investigation concerns whether Spectrum and certain of its officers and/or directors have violated federal securities laws.

On April 26, 2018, Spectrum issued a press release disclosing that the Company's "second quarter performance was very disappointing" due to "challenges related to our two greenfield manufacturing and distribution projects."  On the same day, the Company disclosed that Andreas Rouve was stepping down as Spectrum's Chief Executive Officer and that Spectrum had lowered its fiscal year 2018 adjusted EBITDA guidance from $657-$674 million to $600-$617.  On this news, Spectrum's share price fell $19.22, or 20.4%, to close at $75.01 on April 26, 2018.

If you are aware of any facts relating to this investigation, or purchased Spectrum shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/spb. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC