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Securities Fraud

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.

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.

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