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Investor Alert: Kaplan Fox Investigates Newell Brands

NEW YORK, March 4, 2020 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Newell Brands, Inc. ("Newell Brands" or the "Company") (NASDAQ: NWL).  Investors who purchased Newell Brands securities may be affected.

On March 2, 2020, after the market closed, Newell Brands disclosed that on January 31, 2020 it received a subpoena from the U.S. Securities and Exchange Commission ("SEC") primarily relating to its sales practices and certain accounting matters from January 1, 2016 up to the date of the subpoena.  The Company also disclosed that the subpoena followed various informal document requests from the SEC staff, including several requests primarily related to the impairment of goodwill and other intangible assets.

Following these disclosures, Newell Brand's shares fell about 6% to close at $15.47 per share on March 3, 2020.

If you purchased Newell Brand securities and would like to discuss our investigation, please contact us by emailing pmayer@kaplanfox.com or by calling 800-290-1952. 

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.  If you have any questions about this investigation, your rights, or your interests, please contact:

Donald R. Hall
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
E-mail: dhall@kaplanfox.com

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4700
Fax:  (415) 772-4707
E-mail: lking@kaplanfox.com

Cision

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SOURCE Kaplan Fox & Kilsheimer LLP