Judge Pauses Tupperware Investor Suit During Bankruptcy Case

A federal judge in Orlando paused a lawsuit claiming Tupperware Brands Corp. misled shareholders with rosy earnings and sales figures in the lead-up to filing for bankruptcy.

The case is stayed in light of Tupperware’s bankruptcy filing last week, according to a Monday order from Judge Roy Dalton in the US District Court for the Middle District of Florida.

The food-container maker has been struggling with sales declines and growing competition.

Shareholders sued Tupperware in 2022 over failing to meet projections in what they deemed unrealistically optimistic earnings guidance for the year. The company’s turnaround plan didn’t materialize as expected, ...