Michael has over 20 years of experience representing individual and small business plaintiffs against the world’s large financial institutions, including Visa, Mastercard, and Chase.
Our firm is investigating possible legal claims on behalf of Sealed Air Investors. Sealed Air (NYSE: SEE) shares fell dramatically after the company finished its internal audit and fired CFO Bill Stiehl. This internal audit was undertaken in connection with a year-long investigation of the company by the SEC and an additional subpoena for information.
Sealed Air (NYSE: SEE) Stock Losses?
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CFO Fired after Internal Audit and SEC Investigation; Share Prices Drop More Than 5%
On June 20th, Sealed Air announced the firing of its CFO after the conclusion of its internal audit. This audit was sparked by a subpoena from the SEC regarding the company’s audit firm and the selection process for the firm.
According to the Wall Street Journal, “[T]he SEC’s latest subpoena related to the independence of Sealed Air’s audit firm as well as the process the company used to select the audit firm in 2015.” The article notes that Sealed Air switched auditors to Ernst & Young LLP in 2015, per regulatory filings.
On this news, SEE stock prices dropped sharply in intraday trading, causing harm to investors. Analysts have downgraded the stock as share prices continue to fall. Our firm is investigating legal claims on behalf of SEE investors.
Our Securities Lawyers Have a Winning Record Against Companies Like Sealed Air
Our securities lawyers have recovered over a billion dollars on behalf of our clients against behemoths, such as Chase Bank, Mastercard, and Anthem Blue Cross Blue Shield. Read more about our results.
You “shouldn’t presume that powerful banks and other powerful interests can just get away with doing bad things. Good, qualified counsel that are committed to a cause can usually figure out how to prosecute such cases effectively and prevail.”
–Eric Gibbs, award-winning securities attorney
Praise from the Courts
Federal judge in our AT&T class action:
“I’ve always found them to be extraordinary counsel in terms of their preparation and their professionalism.”
Federal judge in our Chase lawsuit (resulting in $100 million settlement):
They “fought tooth and nail, down to the wire” to achieve “the best settlement that they could under the circumstances.”
Read more about what judges say about us.
Our Featured Securities Team
Eileen works closely with investors in securities cases and has over a decade of experience in the legal world. She received her law degree from American University in 2005.
David’s advocacy has generated major recoveries for consumers impacted by financial fraud. He was named to the Top 40 Under 40 by Daily Journal and a “Rising Star in Class Actions” by Law360.
Amanda is spearheading a securities lawsuit against NantHealth concerning fraudulent statements to investors about the success of its key product.
Gibbs Law Group is a California-based law firm committed to protecting the rights of clients nationwide who have been harmed by corporate misconduct. We represent individuals, whistleblowers, employees, and small businesses across the U.S. against the world’s largest corporations. Our award-winning lawyers have achieved landmark recoveries and over a billion dollars for our clients in high-stakes class action and individual cases involving consumer protection, data breach, digital privacy, and federal and California employment lawsuits. Our attorneys have received numerous honors for their work, including “Top Plaintiff Lawyers in California,” “Top Class Action Attorneys Under 40,” “Consumer Protection MVP,” “Best Lawyers in America,” and “Top Cybersecurity/ Privacy Attorneys Under 40.”
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