SJM INVESTOR ALERT: J.M. Smucker Co. is Being Investigated for Securities Fraud after Impairment Charge Leads to 18% Stock Drop – Investors Urged to Contact BFA
1. J.M. Smucker is under investigation for potential federal securities law violations. 2. An acquisition of Hostess Brands is questioned due to declining sweet snacking sales. 3. Stock fell 18% after an $867 million impairment charge was reported. 4. Investors may explore legal options for the company's underperformance. 5. Bleichmar Fonti & Auld LLP is leading the investigation into the company.