SEE - Sealed Air Corp. And Its Real Value

Sealed Air Corporation (SEE) may be headed for trouble as it moves into 2020. The company, which specializes in packaging solutions and has been manufacturing BUBBLE WRAP^® brand packaging for more than 60 years, has been steadily declining in share price since its highest recent year in 2015. This may be due to recent legal investigations alleging that SEE improperly deducted $1.49 billion in asbestos claims relating to its purchase of Cryovac, and used a conflicted process to hire its independent auditor. Additionally, Senior Vice President and Chief Financial Officer William G.