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CLASS ACTION UPDATE for SBGL and NWL: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

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NEW YORK, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.

Sibanye Gold Limited (NYSE:SBGL)
Class Period:
April 7, 2017 - June 26, 2018
Lead Plaintiff Deadline: August 27, 2018
Join the action: http://www.zlk.com/pslra-d/sibanye-gold-limited?wire=3

About the lawsuit: Sibanye Gold Limited allegedly made materially false and/or misleading statements during the class period and/or failed to disclose that: (1) Sibanye's safety protocols were inadequate to prevent a high rate of worker death; (2) Sibanye's mining supervisors routinely forced Company employees to work in unsafe and unlawful conditions; the foregoing issues would foreseeably subject Sibanye to heightened regulatory oversight; and (3) as a result, Sibanye's public statements were materially false and misleading at all relevant times.

To learn more about the SBGL class action contact jlevi@levikorsinsky.com.

Newell Brands Inc. (NYSE:NWL)
Class Period:
February 6, 2017 - January 24, 2018
Lead Plaintiff Deadline: August 20, 2018
Join the action: http://www.zlk.com/pslra-d/newell-brands-inc?wire=3

About the lawsuit: Throughout the class period, Newell Brands Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) the Company's retail channel was loaded with extremely high levels of unsold Newell product; (ii) contrary to defendants' representations, the build-up of Newell inventory in the retail channel was due to Company-specific rather than macroeconomic reasons; (iii) as a result of the unusually high levels of unsold inventory in the retail channel, Newell was exposed to a heightened risk that it would experience slower sales growth in future periods; and (iv) undisclosed managerial and cultural differences in the legacy Newell and Jarden businesses had created significant discord that was having a material adverse effect on the Company's operating performance.

To learn more about the NWL class action contact jlevi@levikorsinsky.com.

You have until the lead plaintiff deadlines to request the court appoint as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

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