CONTACT KTMC

Investor Class Action Filed Against Campbell Soup Company for Securities Fraud Violations
Company Name: Campbell Soup Company
Court: United States District Court for the District of New Jersey
Case Number: 18-cv-014385
Judge: The Hon. Noel Lawrence Hillman
Class period: Between July 19, 2017 and May 17, 2018
Security Type: Common stock

Case Background:

On September 28, 2018, the initial complaint in this securities class action was filed against Campbell Soup Company (“Campbell” or the “Company”), and certain of Campbell’s directors and officers, asserting violations of sections 10(b) and 20(a) of the Securities Exchange Act. 

The complaint alleged that, throughout the class period, the defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the complaint alleged that: (i) the defendants failed to disclose known trends that were negatively impacting the profitability of the Campbell Fresh division; and (ii) as a result of the foregoing, the defendants’ positive statements about the Company’s and the Campbell Fresh division’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

This securities class action lawsuit was brought on behalf of those who purchased or otherwise acquired Campbell common stock of between July 19, 2017 and May 17, 2018, inclusive.

Current Status of Case:

On March 1, 2019, the lead plaintiff filed an amended consolidated complaint. The defendants filed their motion to dismiss the amended consolidated complaint on April 30, 2019.  On November 30, 2020, the Court granted the defendants’ motion to dismiss the action without prejudice and with leave for the lead plaintiff to file an amended complaint. 

If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.

CONTACT:
Kessler Topaz Meltzer & Check, LLP
James Maro, Esq. or Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087 1-844-887-9500 (toll free) or 1-610-667-7706
Or by e-mail at info@ktmc.com

Please complete this form relating to your transaction for Campbell Soup Company (NYSE:  CPB) securities between July 19, 2017 and May 17, 2018, inclusive (the "Class Period").

You may also contact James Maro, Jr., Esq. or Adrienne Bell, Esq. at 610.667.7706 or toll free at 844.887.9500, or you may submit your information via email at info@ktmc.com, or you may click here to print a PDF of this form.

* Denotes required field
 
 
 
 
 
 
# of Shares
Price per Share
 
 
 
Principal Amount
Amount Paid
Series or CUSIP
 
 
 
# of Contracts
Price per Contract
Exercise Price
Expiration Date
Did you purchase shares of Campbell Soup Company (2018) prior to the Class Period?
Are you a current or former employee of Campbell Soup Company (2018)?
The submission of this form does not create an attorney-client relationship, nor an obligation on the part of Kessler Topaz or you to file a lead plaintiff motion in this matter. Any information you submit will be maintained as confidential. If Kessler Topaz, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Kessler Topaz will contact you to discuss the matter and whether to establish an attorney client relationship. By signing this form you are authorizing us to contact you regarding this case and/or future cases.
I agree to the KTMC
disclaimer
I would like to receive
new case alerts by email