SHAREHOLDER ALERT: The Law Offices of Timothy L. Miles Announces Lawsuit Filed Against Sealed Air Corporation for Inspection of Documents (SEE); Sealed Air Shareholders Urged to Contact the Firm

HENDERSONVILLE, TN / ACCESSWIRE / November 20, 2019 / The Law Offices of Timothy L. Miles, who has been leading the fight to protect shareholder rights for over 18 years, announces that a purchaser of Sealed Air Corporation (NYSE:SEE) filed a complaint seeking to inspect the Company's books and records to determine if its officers and directors breached fiduciary duties and/or engaged in gross mismanagement. Sealed Air provides food safety and security, and product protection solutions worldwide.

Sealed Air Corporation's (SEE) Accounting Practices Investigated

According to the complaint, Sealed Air's accounting policies have made it the subject of an SEC investigation for more than a year. The SEC is investigating the Company's accounting for income taxes, financial reporting and disclosures, and process for selecting its independent audit firm. As a result of the investigation, the SEC has shed light on severe problems with Sealed Air's accounting practices that suggest it does not comply with Generally Accepted Accounting Principles ("GAAP"). In May 2019, Sealed Air created an audit committee to conduct an internal review that led to the termination of its CFO "for cause" and the replacement of its independent financial auditor. Finally, on August 2, 2019, the Company revealed it had received the Grand Jury Subpoena from the U.S. Attorney for the U.S. District Court for the Western District of North Carolina, suggesting the government may be considering indicting Sealed Air. As a result of the investigations, a shareholder of Sealed Air requested the production of all board materials concerning the audit committee's internal review and the SEC and Grand Jury subpoenas, among other things. Because the Company has failed to produce the requested documents, the shareholder has filed an action with the court.

If you purchased Sealed Air securities, have information, or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Timothy L. Miles, Esquire, at 615-587-738, Toll-Free at 855-846-6529, or by email to tmiles@timmileslaw.com. If you inquire by email please include your mailing address, telephone number, and the number shares owned.

About Timothy L. Miles

Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2019 Top Rated Litigator and also as a 2019 Elite Lawyer of The South. Mr. Miles also maintains AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019). Awards: Top Rated Litigator by Martindale-Hubbell® and ALM (2019); 2019 Elite Lawyer of The South by Martindale-Hubbell® and ALM (2019); Member of the Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association (2017-2019); AV® Preeminent™ Rating by Martindale-Hubble® (2014-2020); PRR AV Preeminent Rating on Lawyers.com (2017 & 2019); The Top-Rated Lawyer in Litigation™ for Ethical Standards and Legal Ability (Martindale-Hubble® 2015); Lifetime Achievement Award by Premier Lawyers of America (2019); Superb Rated Attorney (Avvo); Avvo Top Rated Lawyer for 2017 & 2018 (Avvo).

Contact:

Timothy L. Miles, Esq.
Law Offices of Timothy L. Miles
124 Shiloh Ridge
Hendersonville, TN 37075
Telephone: (855-846-6529)
Email: tmiles@timmileslaw.com Website: www.timmileslaw.com

SOURCE: The Law Offices of Timothy L. Miles

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