Tupperware Settlement Approved — Here’s How to Get Your Share
Court: M.D. Florida
Case: 6:22-cv-01518
The court has approved the settlement between Tupperware and $TUP investors and all its terms.
What is this settlement?
In 2021, Tupperware promoted a turnaround plan and told investors it would raise prices to protect margins. But the company later admitted pricing was delayed and ineffective, while profits declined and inventory piled up.
On May 4, 2022, $TUP dropped 32%, adding to a total 52% decline. Investors sued in June 2022, and Tupperware has now agreed to settle for $21.75 million.
What can you do to recover your losses now?
You can now submit your claim and be notified of any further updates.
More than 100 companies are currently paying out settlements. Connect your brokerage account to automatically check which ones you may have missed.