SAN DIEGO, July 13, 2022 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating potential claims on behalf of The J. M. Smucker Company (“Smuckers”) (NYSE: SJM) against certain of its officers and directors.
If you are a current, long-term shareholder of Smuckers shares you may have standing to hold Smuckers harmless from the alleged harm caused by the Company's officers and directors by making them personally responsible. You may also be able to assist in reforming the Company's corporate governance to prevent future wrongdoing.
If you have continuously owned Smuckers shares, you can click or copy and paste the link below in a browser to join this action:
https://www.johnsonfistel.com/investigations/the-j-m-smucker-recall-fda-investigation
What is Johnson Fistel investigating? The U.S. Food and Drug Administration (FDA), along with CDC and state and local partners are investigating a multistate outbreak of Salmonella Senftenberg infections linked to certain Jif brand peanut butter products produced at the Smucker Company facility in Lexington, Kentucky. Late in May 2022, Smucker said it was recalling nearly 50 types of Jif peanut butter products sold in the United States.
On June 7, 2022, Smucker revealed the recall will likely cost it $125million in fiscal 2023.
If you are interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.
About Johnson Fistel, LLP:
Johnson Fistel, 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. Johnson Fistel seeks to recover losses incurred due to violations of federal securities laws. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com