Business

International Flavors and Fragrances Inc. (NYSE: IFF) Investor Lawsuit alleges False and Misleading Statements

An investor, who purchased shares of International Flavors & Fragrances Inc. (NYSE: IFF), filed a lawsuit over alleged violations of Federal Securities Laws by International Flavors & Fragrances Inc. in connection with certain allegedly false and misleading statements.

Investors who purchased shares of International Flavors & Fragrances Inc. (NYSE: IFF) have certain options and for certain investors are short and strict deadlines running. Deadline: October 11, 2019. NYSE: IFF investors should contact the Shareholders Foundation at [email protected]sfoundation.com or call +1(858) 779 – 1554.

The plaintiff claims that between May 7, 2018 and August 5, 2019, the Defendants failed to disclose to investors: (1) that Frutarom had bribed customers in Russia and Ukraine; (2) that senior management at Frutarom were aware of such improper payments; (3) that, as a result, Frutarom’s financial results were materially overstated; (4) that, as a result of the improper payments, the Company was reasonably likely to face regulatory scrutiny; (5) that the Company had not completed adequate due diligence before acquiring Frutarom; (6) that, as a result of the foregoing, the Company was unlikely to achieve purported synergies from the acquisition; and (7) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of International Flavors & Fragrances Inc. (NYSE: IFF) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
[email protected]

About:
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.