Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against The J. M. Smucker Company (SJM) And Encourages Stockholders to Reach Out


Press Release Date 08-14-2025

NEW YORK, NY / ACCESS Newswire / August 14, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of The J. M. Smucker Company ("Smucker" or "the Company") (NYSE:SJM). Investors who purchased Smucker securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SJM.

Investigation Details

On June 10, 2025, Smucker announced its Q4 2025 financial results. The Company announced a $867 million impairment charge related to the goodwill of its Sweet Baked Snacks segment and a $113 million impairment charge to the Hostess trademark due to "continued underperformance of the Sweet Baked Snacks segment." The Company had previously referred to its acquisition of Hostess Brands as "highly complementary" and claimed to investors that "underlying trends in snacking and specifically sweet snacking still bode well for the category." Following this news, Smucker stock dropped more than 18% on the same day.

What's Next?

If you are aware of any facts relating to this investigation or purchased Smucker securities, you can assist this investigation by visiting the firm's site: bgandg.com/SJM. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

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Contact

Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Nathan Miller

332-239-2660 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

View the original press release on ACCESS Newswire

 
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