{"id":954673,"date":"2026-04-24T17:32:08","date_gmt":"2026-04-24T21:32:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/scotts-miracle-gro-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-the-scotts-miracle-gro-company-smg\/"},"modified":"2026-04-24T17:32:08","modified_gmt":"2026-04-24T21:32:08","slug":"scotts-miracle-gro-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-the-scotts-miracle-gro-company-smg","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/scotts-miracle-gro-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-the-scotts-miracle-gro-company-smg\/","title":{"rendered":"Scotts Miracle-Gro Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The Scotts Miracle-Gro Company – SMG"},"content":{"rendered":"

<\/p>\n

\nScotts Miracle-Gro Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The Scotts Miracle-Gro Company – SMG<\/p>\n

NEW YORK & NEW ORLEANS–(BUSINESS WIRE<\/a>)–
\nFormer Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti<\/a>, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into The Scotts Miracle-Gro<\/a> Company (NYSE: SMG) (\u201cScotts\u201d or the \u201cCompany\u201d).<\/p>\n

\nOn August 2, 2023, the Company disclosed disappointing financial results including a decline in quarterly sales for fiscal third quarter of 6%, a decline in gross margin by 420 basis points, as well as a cut to fiscal year EBITDA guidance by a staggering 25% and a $20 million write down of \u201cpandemic driven excess inventories.\u201d On this news, the price of Scotts\u2019 shares fell by $13.58 per share, or 19%, from a closing price of $71.44 per share on August 1, 2023, to a closing price of $57.86 per share on August 2, 2023.<\/p>\n

\nThereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period in violation of federal securities laws, which remains ongoing.<\/p>\n

\nKSF\u2019s investigation is focusing on whether Scotts\u2019 officers and\/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.<\/p>\n

\nIf you have information that would assist KSF in its investigation, or have been a long-term holder of Scotts shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com<\/a>), or visit https:\/\/www.ksfcounsel.com\/cases\/nyse-smg\/<\/a> to learn more.<\/p>\n

\nAbout Kahn Swick & Foti, LLC<\/p>\n

\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation\u2019s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.<\/p>\n

\nTOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services<\/p>\n

\nTo learn more about KSF, you may visit www.ksfcounsel.com<\/a>.<\/p>\n

\nCONNECT WITH US: Facebook<\/a> || Instagram<\/a> || YouTube<\/a> || TikTok<\/a> || LinkedIn<\/a><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260424015369\/en\/<\/a><\/span><\/p>\n

\nKahn Swick & Foti, LLC
\n
Lewis Kahn, Managing Partner
\n
lewis.kahn@ksfcounsel.com
\n<\/a>
1-877-515-1850
\n
1100 Poydras St., Suite 960
\n
New Orleans, LA 70163<\/p>\n

KEYWORDS:<\/b> Louisiana New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Class Action Lawsuit Professional Services Legal<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Scotts Miracle-Gro Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The Scotts Miracle-Gro Company – SMG NEW YORK & NEW ORLEANS–(BUSINESS WIRE)– Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into The Scotts Miracle-Gro Company (NYSE: SMG) (\u201cScotts\u201d or the \u201cCompany\u201d). On August 2, 2023, the Company disclosed disappointing financial results including a decline in quarterly sales for fiscal third quarter of 6%, a decline in gross margin by 420 basis points, as well as a cut to fiscal year EBITDA guidance by a staggering 25% and a $20 million write down of … <\/p>\n

Continue reading “Scotts Miracle-Gro Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The Scotts Miracle-Gro Company – SMG”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-954673","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nScotts Miracle-Gro Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The Scotts Miracle-Gro Company - SMG - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/scotts-miracle-gro-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-the-scotts-miracle-gro-company-smg\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Scotts Miracle-Gro Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The Scotts Miracle-Gro Company - SMG - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Scotts Miracle-Gro Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The Scotts Miracle-Gro Company – SMG NEW YORK & NEW ORLEANS–(BUSINESS WIRE)– Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into The Scotts Miracle-Gro Company (NYSE: SMG) (\u201cScotts\u201d or the \u201cCompany\u201d). On August 2, 2023, the Company disclosed disappointing financial results including a decline in quarterly sales for fiscal third quarter of 6%, a decline in gross margin by 420 basis points, as well as a cut to fiscal year EBITDA guidance by a staggering 25% and a $20 million write down of … Continue reading "Scotts Miracle-Gro Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The Scotts Miracle-Gro Company – SMG"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/scotts-miracle-gro-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-the-scotts-miracle-gro-company-smg\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-24T21:32:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260424015369r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/scotts-miracle-gro-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-the-scotts-miracle-gro-company-smg\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/scotts-miracle-gro-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-the-scotts-miracle-gro-company-smg\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Scotts Miracle-Gro Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The Scotts Miracle-Gro Company – SMG\",\"datePublished\":\"2026-04-24T21:32:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/scotts-miracle-gro-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-the-scotts-miracle-gro-company-smg\\\/\"},\"wordCount\":479,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/scotts-miracle-gro-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-the-scotts-miracle-gro-company-smg\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260424015369r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/scotts-miracle-gro-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-the-scotts-miracle-gro-company-smg\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/scotts-miracle-gro-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-the-scotts-miracle-gro-company-smg\\\/\",\"name\":\"Scotts Miracle-Gro Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The Scotts Miracle-Gro Company - 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Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into The Scotts Miracle-Gro Company (NYSE: SMG) (\u201cScotts\u201d or the \u201cCompany\u201d). 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