Pomerantz LLP and Levi & Korsinsky, LLP Announce Proposed Settlement Involving Purchasers of Tupperware Common Stock

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Pomerantz LLP and Levi & Korsinsky, LLP

Oct 03, 2025, 08:00 ET

ORLANDO, Fla., Oct. 3, 2025 /PRNewswire/ --

UNITED STATES DISTRICT COURT
MIDDLE DISTRICT OF FLORIDA
ORLANDO DIVISION

MICHAEL EDGE, Individually and on Behalf
of All Others Similarly Situated,

Plaintiff,

TUPPERWARE BRANDS CORPORATION,
MIGUEL FERNANDEZ, and CASSANDRA
HARRIS,

Defendants.

Case No. 6:22-cv-1518-RBD-LHP

SUMMARY NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF CLASS ACTION AND FINAL APPROVAL HEARING

TO: ALL PERSONS WHO PURCHASED OR OTHERWISE ACQUIRED TUPPERWARE COMMON STOCK BETWEEN MAY 5, 2021 AND MAY 4, 2022, BOTH DATES INCLUSIVE.

YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the Middle District of Florida, that a hearing will be held on December 18, 2025, at 10:00 a.m. Eastern before the Honorable Leslie Hoffman Price, United States Magistrate Judge of the Middle District of Florida, 401 West Central Boulevard, Courtroom 5D, Orlando, Florida 32801, for the purpose of determining: (1) whether the proposed Settlement of the claims in the above-captioned Action for consideration including the sum of $21,750,000 should be approved by the Court as fair, reasonable, and adequate; (2) whether the proposed plan to distribute the Settlement proceeds ("Plan of Allocation") is fair, reasonable, and adequate; (3) whether the application of Lead Counsel for an award of attorneys' fees of up to one-third of the Settlement Amount ($7,264,500) plus interest, reimbursement of expenses of not more than $700,000, and a Compensatory Award to Plaintiffs of no more than $50,000 collectively should be approved; and (4) whether this Action should be dismissed with prejudice as set forth in the Stipulation of Settlement dated April 10, 2025 (the "Settlement Stipulation").¹

If you purchased or otherwise acquired Tupperware common stock between May 5, 2021 and May 4, 2022, both dates inclusive (the "Settlement Class Period"), your rights may be affected by this Settlement, including the release and extinguishment of claims you may possess relating to your ownership interest in Tupperware common stock. If you have not received a detailed Notice of Proposed Settlement of Class Action, Motion For Attorneys' Fees And Expenses, And Final Approval Hearing ("Long Notice") and a copy of the Proof of Claim form, you may obtain copies by visiting www.TupperwareSecuritiesSettlement.com or by contacting the Claims Administrator toll-free at 888-835-6412 or at [email protected]. If you are a member of the Settlement Class, in order to share in the distribution of the Net Settlement Fund, you must submit a Proof of Claim postmarked or submitted online no later than November 28, 2025, establishing that you are entitled to recovery. Unless you submit a written exclusion request, you will be bound by any judgment rendered in the Action whether or not you make a claim.

If you desire to be excluded from the Settlement Class, you must submit to the Claims Administrator a request for exclusion so that it is received no later than November 28, 2025, in the manner and form explained in the Long Notice. All members of the Settlement Class who have not requested exclusion from the Settlement Class will be bound by any judgment entered in the Action pursuant to the Settlement Stipulation.

Any objection to the Settlement, Plan of Allocation, or Lead Counsel's request for an award of attorneys' fees and reimbursement of expenses and award to Plaintiffs must be in the manner and form explained in the detailed Notice and received no later than November 28, 2025, to each of the following:

Clerk of the Court
United States District Court
Middle District of Florida
401 West Central Boulevard
Rm. 4A
Orlando, Florida 32801

Lead Counsel
Jeremy Lieberman
Michael J. Wernke
POMERANTZ LLP
600 Third Avenue
20th Floor
New York, NY 10016
[email protected]
[email protected]

and

Shannon L. Hopkins
Gregory M. Potrepka
LEVI & KORSINSKY, LLP
1111 Summer Street
Suite 403
Stamford, CT 06905
[email protected]
[email protected]

Counsel For the Settling Defendants
James W. Ducayet
Jennifer M. Wheeler
Abigail Bachrach
SIDLEY AUSTIN LLP
One South Dearborn Street
Chicago, IL 60603
Tel: (312) 853-7000
[email protected]
[email protected]
[email protected]

Ian M. Ross
1001 Brickell Bay Drive
Suite 900
Miami, FL 33131
Tel: (305) 391-5100
[email protected]

If you have any questions about the Settlement, you may visit www.TupperwareSecuritiesSettlement.com or write to Lead Counsel at the above address.
PLEASE DO NOT CONTACT THE COURT OR THE CLERK'S OFFICE REGARDING THIS NOTICE.

Dated: September 5, 2025

BY ORDER OF THE UNITED STATES DISTRICT COURT
FOR THE MIDDLE DISTRICT OF FLORIDA


¹ Miguel Fernandez and Cassandra Harris ("Settling Defendants") deny any and all allegations of wrongdoing, fault, liability, or damage whatsoever asserted by Plaintiffs, including but not limited to, the allegations that Plaintiffs or the Settlement Class have suffered damages or that Plaintiffs or the Settlement Class were harmed by the conduct alleged in the Action. Settling Defendants continue to believe the claims asserted against them in the Action are without merit.