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Natural/organic poultry maker under SEC scrutiny

The Hain Celestial Group said Friday that the Securities and Exchange Commission (SEC) is investigating the company’s accounting practices after it failed to report quarterly earnings on time. The company’s shares fell by more than 13 percent on Monday on the news.Hain Celestial, the parent of Freebird and Empire Kosher poultry brands, said in an SEC filing that it is in the process of responding to the SEC and is cooperating fully with the probe.

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