Recently there have been a number of securities fraud claims that have been brought onto The Clorox Company by it's individual shareholders who purchased Clorox securities between October 19, 1998, and August 11, 1999. Cases have been filed in the United States District Court of and for the Norhtern District of California.

Shareholders claim that The Clorox Company and it's officers and directors violated Sections 10(b), 14(a), and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. This claim was brought about by the class because of an alleged scheme and common course of conduct by defendants which is believed to have operated as a fraud and deceit on the class during the Class Period. Complaints allege that the scheme included rendering false and misleading statements concerning the present and future financial condition and business prospects for The Clorox Company. It also stated financial benefits that would come about to Clorox andit's shareholders.