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Investigations

GSP Investigates Snyder’s-Lance

On April 17, 2017, snack maker Snyder’s-Lance, Inc. announced the sudden departure of its CEO, along with preliminary first quarter 2017 results well-below prior guidance. According to the Company, its financial results have been negatively impacted by increased promotional and marketing spending.

The price of LNCE common stock declined sharply on the news.

GSP is investigating whether shareholders of Snyder’s-Lance shareholders (NASDAQ: LNCE) have potential claims for violations of the securities laws. If you purchased shares of Snyder’s-Lance, and have suffered a loss on your investment, and wish to learn more, please contact Paul Scarlato by email at scarlato@lawgsp.com.

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent updates regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases. Also, the brokercheck report linked to some of our blogs is the up-to-date version as of the date of posting. Visitors may check the most recent version of each brokercheck report at www.finra.org.

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