Hain Celestial (HAIN) Says Audit Committee Completes Review; Finds No Evidence of Intentional Wrongdoing
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Hain Celestial Announces Completion of Independent Audit Committee Review
November 16, 2016 5:33 PM ESTLAKE SUCCESS, N.Y., Nov. 16, 2016 /PRNewswire/ -- The Hain Celestial Group, Inc. (Nasdaq: HAIN), a leading organic and natural products company with operations in North America, Europe and India providing consumers with A Healthier Way of Life, announced today that the Audit Committee of the Company's Board of Directors has concluded its independent review with external counsel into concessions with respect to certain distributors in the United States. Hain Celestial had previously announced on August 15, 2016 that during the fourth quarter of fiscal year 2016 it had identified concessions that were granted to certain distributors in the... More
