NEW YORK, Aug. 17, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of The Hain Celestial Group, Inc. ("Hain" or the "Company") (NASDAQ: HAIN), concerning whether the board has breached its fiduciary duties to shareholders.
Hain shares fell approximately 27% on August 16, 2016, after it delayed the release of its 2016 financial results, missed guidance, and announced potential accounting problems. The Company stated that it was evaluating its internal control over financial reporting.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own Hain shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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