Clorox Co
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Consumer Staples : Household Products | Mid Cap Blend
Company profile

The Clorox Company is a manufacturer and marketer of consumer and professional products. The Company sells its products primarily through mass retail outlets, e-commerce channels, wholesale distributors and medical supply distributors. The Company operates through four segments: Cleaning, Household, Lifestyle and International. Its Cleaning segment consists of laundry, home care and professional products marketed and sold in the United States. Its Household segment consists of charcoal, cat litter and plastic bags, wraps and container products marketed and sold in the United States. Its Lifestyle segment consists of food products, water-filtration systems and filters, and natural personal care products marketed and sold in the United States. Its International segment consists of products sold outside the United States. It markets some of the consumer brand names, such as namesake bleach and cleaning products, Pine-Sol cleaners, Liquid-Plumr clog removers and Kingsford charcoal.

Closing Price
$197.52
Day's Change
1.97 (1.01%)
Bid
--
Ask
--
B/A Size
--
Day's High
199.28
Day's Low
194.74
Volume
(Heavy Day)
Volume:
1,740,088

10-day average volume:
1,348,784
1,740,088

Loop Industries, Inc. Investors: Last Days to Participate Actively in the Class Action Lawsuit: Portnoy Law Firm

7:37 pm ET November 18, 2020 (Globe Newswire) Print

Investors with losses are encouraged to contact the firm before December 14, 2020; click here to submit trade information

The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Loop Industries, Inc. (NASDAQ: LOOP) investors that acquired shares between September 24, 2018 and October 12, 2020. Investors have until December 14, 2020 to seek an active role in this litigation.

Investors are encouraged to contact attorney Lesley F. Portnoy, to determine eligibility to participate in this action, by phone 310-692-8883 or email, or click here to join the case.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Loop is the subject of a report issued by Hindenburg Research on October 13, 2020. The report, titled "Loop Industries: Former Employees and Plastics Experts Blow The Whistle On This 'Recycled' Smoke And Mirrors Show," alleges that "a former Loop employee told us that Loop's scientists, under pressure from CEO Daniel Solomita, were tacitly encouraged to lie about the results of the company's process internally. We have obtained internal documents and photographs to support their claims." Hindenburg writes that "according to a former employee, Loop's previous claims of breaking PET down to its base chemicals at a recovery rate of 100% were 'technically and industrially impossible.'" The report also alleges that "Executives from a division of key partner Thyssenkrupp, who Loop entered into a 'global alliance agreement' with in December 2018, told us their partnership is on 'indefinite' hold and that Loop 'underestimated' both costs and complexities of its process." Based on this report, shares of Loop fell by more than 31% in intraday trading.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 14, 2020.

Please visit our website to review more information and submit your transaction information.

The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.

Admitted CA and NY Bar

lesley@portnoylaw.com

310-692-8883

www.portnoylaw.com

Attorney Advertising

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