Recent Security Class Actions

Scotts Miracle-Gro Company (The) Common Stock (NYSE: SMG)

Company Name:Scotts Miracle-Gro Company (The) Common Stock
Stock Symbol:NYSE: SMG
Class Period Start:11/03/2021
Class Period End (inclusive):08/01/2023
Filing Deadline:08/05/2024

According to the Complaint, The Scotts Miracle-Gro Company produces various lawn, garden, and agricultural products for both consumer and professional purposes. It is also the world’s largest marketer of branded consumer products for lawn and garden care. Its main brands are Scotts, Miracle-Gro, and Ortho.

The Complaint alleges that, throughout the Class Period, Defendants made numerous materially false and misleading statements and omissions concerning the Company's inventory levels, debt covenant compliance, and financial performance and that as a result of these misrepresentations, Scotts common stock traded at artificially inflated prices during the Class Period.