Companies

The Scotts Miracle-Gro Company (NYSE:SMG) Faces Securities Class Action Deadline; Investors Urged to Contact Counsel

Published July 19, 2024

New developments have surfaced concerning investors of The Scotts Miracle-Gro Company SMG, a company recognized for its wide range of lawn and garden products, with a significant presence both domestically and internationally. The headquarters of this well-established firm is situated in Marysville, Ohio.

Class Action Alert for SMG Investors

Investors who have acquired shares of The Scotts Miracle-Gro Company SMG during the period between November 3, 2021, and August 1, 2023, are now facing an important legal deadline. Rosen Law Firm, a prominent global investor rights legal practice, has issued a reminder to the said shareholders regarding the approaching due date of August 5. This deadline is for investors who wish to be appointed as the lead plaintiff in a securities class action that has been filed against the company.

Details of the Class Action Suit

The lawsuit alleges that there were misleading or false statements and omissions related to the company's business, operational, and compliance policies. Specifically, investors are concerned that The Scotts Miracle-Gro Company may have failed to disclose certain aspects that a prudent investor would consider significant in the context of their investment decisions. The class action aims to recover damages on behalf of investors under the federal securities laws.

As the deadline approaches, investors of SMG shares are encouraged to reach out to secure legal counsel to represent their interests in this matter. Participation in the class action can potentially help investors recover losses incurred from the impact of the alleged corporate wrongdoings.

Investors, Legal, Deadline