#USA #New York #Securities Fraud #Pomerantz LLP #J.M. Smucker

Investor Alert: Pomerantz Law Firm Investigates J.M. Smucker Company

Overview

Pomerantz LLP, a distinguished firm specializing in corporate litigation, is currently investigating claims on behalf of shareholders of The J.M. Smucker Company (NYSE: SJM). This inquiry arises in light of recent reports suggesting possible securities fraud and other questionable business practices associated with the company and some of its executives.

Background

On November 7, 2023, J.M. Smucker finalized its acquisition of Hostess Brands for an estimated $5.5 billion. Notably, $2.4 billion of this amount was assigned as goodwill to Smucker's Sweet Baked Snacks division. However, subsequent financial reports raised concerns. On February 27, 2025, the company revealed disappointing third-quarter results for fiscal year 2025, including an 8% decline in comparable net sales in the Sweet Baked Snacks division, a staggering impairment charge of $794 million related to the goodwill of this segment, a $208 million hit to the Hostess Brand trademark, and a $268 million loss from the sale of the Voortman business.

Despite these setbacks, Smucker's management had provided prior assurances regarding synergies that were expected to foster sustainable growth. However, by June 10, 2025, the company reported further declines, with a 14% drop in Q4 comparable net sales in the Sweet Baked Snacks segment. They acknowledged an additional impairment charge of $867 million concerning the goodwill and a further $113 million impairment related to the Hostess Brand trademark. The firm's revised financial outlook for 2026 reflected lowered expectations for revenue in the Sweet Baked Snacks category, underscoring their persistent struggle to recover since the acquisition.

Concerns regarding the integrity of Smucker's financial reporting have intensified following these developments, leading to a significant decline in the company's stock price — a drop of $17.44, which is approximately 15.59%, closing at $94.41 per share on June 10, 2025.

What Investors Can Do

Investors who have incurred losses or who are concerned about these developments are encouraged to reach out to Danielle Peyton at Pomerantz LLP. They can contact her via email at [email protected] or by phone at 646-581-9980, extension 7980, to participate in this investigation.

About Pomerantz LLP

Established over 85 years ago by Abraham L. Pomerantz, recognized as the pioneer of class action lawsuits in securities, Pomerantz LLP has built a reputation as one of the premier law firms handling complex corporate and securities litigation. Their expertise has led to numerous successful recoveries for class members affected by securities fraud and corporate misconduct.
For more information, visit www.pomlaw.com.

Conclusion

As the investigation unfolds, the focus remains on holding accountable those responsible for any misconduct that may have led to significant financial losses for investors in The J.M. Smucker Company. The firm continues to advocate for the rights of affected shareholders and aims to recover damages related to this situation.