Market Overview

DEADLINE ALERT: Brower Piven Reminds Investors of Upcoming Deadline in Class Action Lawsuit and Encourages Those Who Have Losses in Excess of $100,000 from Investment in Newell Brands, Inc. to Contact the Firm


The securities litigation law firm of Brower Piven, A Professional
Corporation, announces that a class action lawsuit has been commenced in
the United States District Court for the District of New Jersey on
behalf of purchasers of Newell Brands, Inc. (NYSE:NWL) ("Newell" or the
"Company") securities during the period between February 6,
2017 and January 24, 2018, inclusive (the "Class Period"). Investors who
wish to become proactively involved in the litigation have until August
20, 2018 to seek appointment as lead plaintiff.

If you wish to choose counsel to represent you and the class, you must
apply to be appointed lead plaintiff and be selected by the Court. The
lead plaintiff will direct the litigation and participate in important
decisions including whether to accept a settlement for the class in the
action. The lead plaintiff will be selected from among applicants
claiming the largest loss from investment in Newell securities during
the Class Period. Members of the class will be represented by the lead
plaintiff and counsel chosen by the lead plaintiff. No class has yet
been certified in the above action.

The complaint accuses the defendants of violations of the Securities
Exchange Act of 1934 by virtue of the defendants' failure to disclose
during the Class Period that Newell's retail channel was loaded with
extremely high levels of unsold Newell product, the build-up of Newell
inventory in the retail channel was due to Company-specific rather than
macroeconomic reasons, Newell was exposed to a heightened risk that it
would experience slower sales growth in future periods, and managerial
and cultural differences in the legacy Newell and Jarden Corporation
("Jarden") businesses had created significant internal discord that was
having a material adverse effect on the Company's operating performance.

According to the complaint, following a November 2, 2017 announcement of
poor 2017 third quarter financial results due to retailers pulling back
on order rates and rebalanced inventories, and a January 25, 2018
announcement that Newell expected 2017 core sales growth of roughly 0.8%
compared to the previous forecast of 1.5% to 2.0% due to retailer
inventory destocking and that three of its board members had stepped
down, the value of Newell shares declined significantly.

If you have suffered a loss in excess of $100,000 from investment in
Newell securities purchased on or after February 6, 2017 and held
through the revelation of negative information during and/or at the end
of the Class Period and would like to learn more about this lawsuit and
your ability to participate as a lead plaintiff, without cost or
obligation to you, please contact Brower Piven either by email at
or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating
securities and other class action cases and have been advocating for the
rights of shareholders since the 1980s. If you choose to retain counsel,
you may retain Brower Piven without financial obligation or cost to you,
or you may retain other counsel of your choice. You need take no action
at this time to be a member of the class.

View Comments and Join the Discussion!