Did you lose money on investments in Tupperware Brands? If so, visit Tupperware Brands Corporation Shareholder Class Action Lawsuit or contact Peter Aloco at (212) 951-2030 either [email protected] to discuss your rights.

NEW YORK, July 8, 2022 /PRNewswire/ — Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Tupperware Brands Corporation (“Tupperware” or the “Company”) (NYSE: YOUR P) Among November 3, 2021 Y May 3, 2022, inclusive (the “Class Period”). The lawsuit was filed in the United States District Court for the Southern District of New York and alleges violations of the Securities Exchange Act of 1934.

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Tupperware operates as a consumer products company throughout the world. The company manufactures, markets and sells design-focused preparation, storage and service solutions for the kitchen and home, as well as a line of Cookwareknives, microfiber products, microfiber textiles, water filtration related items and a variety of products for active consumers under the Tupperware brand.

Plaintiff alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies. Specifically, the Defendants allegedly made false and/or misleading statements and/or failed to disclose that: (i) Tupperware faced significant challenges in maintaining its earnings and sales performance; (ii) as a result, Tupperware’s guidance for the full year 2022 was unrealistic and/or unsustainable; and (iii) all of the foregoing, once disclosed, would likely have a material adverse impact on Tupperware’s financial condition.

In May 4, 2022, Tupperware announced its financial results for the first quarter of 2022. Among other items, Tupperware reported adjusted earnings per share from continuing operations and net sales that were well below consensus estimates, withdrew its full-year 2022 guidance, and named a new Financial Director. Official. The Company attributed the poor performance to the conflict in Russia Y Ukraine. However, under pressure from analysts on a conference call, the Company acknowledged that Russia Y Ukraine it only represented 2% of their income.

Given this news, the Company Values the price fell $5.76 per share, or more than 32%, to close in $12.15 per share in May 4, 2022.

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If you wish to serve as lead plaintiff, you must transfer to Court no later than August 15, 2022. A lead plaintiff is a representative party acting on behalf of other class members to direct the litigation. Your ability to participate in any recovery does not require that you act as a lead plaintiff. If you choose not to take any action, you may remain a member of the absent class.

If you bought or acquired TUP securities and/or would like to discuss your legal rights and options please visit Tupperware Brands Corporation Shareholder Class Action Lawsuit or contact Peter Aloco at (212) 951-2030 or [email protected].

Since 1993, Bernstein Liebhard LLP has recovered more than $3.5 billion For your customers. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to display your assets and pursue litigation on your behalf. As a result of its success litigating hundreds of lawsuits and class action lawsuits, the firm has been named to The National Law Journal’s “Plaintiffs Hot List” thirteen times and has been listed in The Legal 500 for ten consecutive years.

LAWYER ADVERTISING. © 2022 Bernstein Liebhard LLC. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Past results do not guarantee or predict a similar result with respect to any future matter.

Contact information:

Peter Aloco
Bernstein Liebhard LLP
(212) 951-2030
[email protected]

SOURCE Bernstein Liebhard LLP

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