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Press Release

NYSE:TUP Long Term Investor Notice: Investigation of Potential Wrongdoing at Tupperware Brands Corporation

An investigation on behalf of current long term investors in Tupperware Brands Corporation (NYSE:TUP) shares over possible breaches of fiduciary duty by certain officers and directors was announced.

This press release was orginally distributed by SBWire

San Diego, CA -- (SBWIRE) -- 05/27/2020 -- Certain directors of Tupperware Brands Corporation are under investigation concerning potential breaches of fiduciary duties.

Investors who are current long term investors in Tupperware Brands Corporation (NYSE: TUP) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for investors in NYSE: TUP stocks follows a lawsuit filed against Tupperware Brands Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: TUP stocks, concerns whether certain Tupperware Brands Corporation directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that Tupperware lacked effective internal controls, that as a result, Tupperware would need to investigate Fuller Mexico's accounting and liabilities, that consequently, Tupperware would be unable to timely file its annual report on Form 10-K for its fiscal year 2019, that Tupperware did not properly account for its accounts payable and accrued liabilities at Fuller Mexico, that Tupperware provided overvalued earnings per share guidance, that Tupperware would need relief from its $650 million Credit Agreement, and that as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Tupperware Brands Corporation (NYSE: TUP) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit: http://www.sbwire.com/press-releases/nysetup-long-term-investor-notice-investigation-potential-wrongdoing-1292509.htm

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
Telephone: 1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com

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