Securities Fraud

CHICAGO – TreeHouse Foods Inc. hid the underperformance of its private-label business and overstated its 2016 financial forecast, resulting in a 20 percent drop in share price once the truth came to light, a class of investors claims in Chicago federal court.

The lead plaintiff is Annemarie Tarara and the defendants are TreeHouse Foods, Sam K. Reed and Dennis F. Riordan.