Johnson & Weaver, LLP Initiates Investigations of TreeHouse Foods, Inc., Zimmer Biomet Holdings, Inc., AAC Holdings, Inc. and Big Lots Inc.

SAN DIEGO, Nov. 4, 2016 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP, is investigating potential claims against TreeHouse Foods, Inc., Zimmer Biomet Holdings, Inc., AAC Holdings, Inc. and Big Lots Inc., as detailed below:

TreeHouse Foods, Inc.

Johnson & Weaver, LLP is investigating potential violations of federal and state laws by certain officers and directors of TreeHouse Foods, Inc. THS.

On November 3, 2016, TreeHouse reported a third-quarter profit of $37.2 million or 65 cents per share. Earnings, adjusted for one-time gains and costs, came to 70 cents per share. These results did not meet Wall Street expectations as the average estimate of nine analysts was 77 cents per share. TreeHouse posted revenue of $1.59 billion in the period, also missing forecasts. Additionally, TreeHouse announced the closure of a plant in Delta, British Columbia, that it was reducing the workforce at its facility in Battle Creek, Michigan and the resignation of its President and the appointment of a new CFO. On the news, the stock price of TreeHouse dropped over 19% on November 3, 2016.

If you have information that could assist in this investigation, including past employees and others, or if you are a TreeHouse shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonandweaver.com) by email or phone at 619-814-4471. If emailing, please include a phone number where you can be reached.

Zimmer Biomet Holdings, Inc.

Johnson & Weaver, LLP is investigating potential violations of federal and state laws by certain officers and directors of Zimmer Biomet Holdings, Inc.  (NYSE: ZBH).

On October 31, 2016, Zimmer announced that it was reducing its full-year forecast for 2016 from a previous estimate of $7.71 billion; Zimmer now predicts revenues to be between $7.63 billion and $7.65 billion. On the news, Zimmer shares closed down 14% on October 31, 2016.

On a conference call after the announcement the Company said it was not able to supply enough hip and knee replacements. The supply shortfall caused orthopedic surgeons to source other brands of joint replacement products.

If you have information that could assist in this investigation, including past employees and others, or if you are a Zimmer shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonandweaver.com) by email or phone at 619-814-4471. If emailing, please include a phone number where you can be reached.

AAC Holdings, Inc.

Johnson & Weaver, LLP is investigating potential violations of federal and state laws by certain officers and directors of AAC Holdings, Inc. AAC.

On November 3, 2016, AAC stock plummeted over 50% after reporting a third-quarter loss of $2.5 million; it reported a profit in the same period a year earlier. On a per-share basis, AAC said it had a loss of 11 cents. Earnings, adjusted for one-time gains and costs, were 19 cents per share. The results did not meet Wall Street expectations. The average estimate of three analysts was for earnings of 24 cents per share.

If you are an AAC shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471. If you email, please include your phone number.

Big Lots Inc.

Johnson & Weaver, LLP, is investigating potential violations of federal and state laws by certain officers and directors of Big Lots Inc. BIG.

On December 05, 2013, the Company announced financial results for its third quarter of fiscal 2013 that ended November 2, 2013. The announcement included the news that it plans to shut down its Canadian operations that it purchased in July 2011. The Company estimated a loss from Canadian operations of $38 to $43 million in the fourth quarter of 2013 and for the full fiscal year, a loss of $52 to $57 million is anticipated.  In the first quarter of 2014, the Company will begin reporting the Canadian stores as discontinued operations and it expects losses to be in the range of $44 to $47 million. In late August of 2013, the CEO stated in a conference call that the recent name change from Liquidation World to Big Lots for several of the 76 Canadian stores had been very well received and that he saw lots of upside."

If you are a long-term Big Lots shareholder and continuously held stock since February 2012 and are interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471. If you email, please include your phone number.

About Johnson & Weaver, LLP:

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com

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SOURCE Johnson & Weaver, LLP