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The Scotts Miracle-Gro Company Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – SMG
SMGScotts Miracle-Gro(SMG) GlobeNewswire News Room·2024-07-02 00:36

CONTACT US HERE: ALLEGATIONS: According to the filed complaint, defendants made false statements and/or concealed that Scotts had an oversupply of inventory that far exceeded consumer demand. Recognizing that problem, Scotts executives engaged in a scheme to saturate the Company's sales channel with more product than those retailers could sell through to end users, a practice that required Scotts sales personnel to pressure retailers to purchase more inventory than they wanted or needed. Ultimately, Scotts ...