Central Garden & Pet Co (NASDAQ:CENT) Investor Investigation Concerning Possible Breaches Of Fiduciary Duties Announced

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Company Name(s): 
Central Garden & Pet
Affected Securities: 

An investigation on behalf of current long-term investors in shares of Central Garden & Pet Co (NASDAQ:CENT) was announced over potential breaches of fiduciary duties by certain officers and directors at Central Garden & Pet.

The investigation by a law firm concerns whether certain Central Garden & Pet officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Walnut Creek, CA based Central Garden & Pet Company is a marketer and producer of branded products and distributor of third party products in the pet and lawn and garden supplies industries in the United States. Central Garden & Pet Co reported that its Total Revenue rose from over $1.82 billion for the 12 months period that ended on September 24, 2016 to over $2.05 billion for the 12 months period that ended on September 30, 2017 and that its respective Net Income increased from $44.51 million to $78.83 million.