IMPORTANT INVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Tyson Foods, Inc. & Encourages ...
October 19 2016 - 12:13PM
Business Wire
Khang & Khang LLP (the “Firm”) announces a class action
lawsuit has been filed against Tyson Foods, Inc. (“Tyson” or the
“Company”) (NYSE: TSN). Investors who purchased or otherwise
acquired shares between November 23, 2015 and October 6, 2016
inclusive (the “Class Period”), are encouraged to contact the Firm
before the December 16, 2016 lead plaintiff motion
deadline.
If you purchased Tyson shares during the Class Period, please
contact Joon M. Khang, Esquire, of Khang & Khang LLP, 18101 Von
Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949)
419-3834, or by e-mail at joon@khanglaw.com.
There has been no class certification in this case. Until
certification occurs, you are not represented by an attorney. You
may choose to take no action and remain a passive class member.
The complaint alleges that during the Class Period, Tyson made
false and/or misleading statements and/or failed to disclose
material information. On September 2, 2016, some media outlets
reported the filing of an antitrust class action lawsuit against
Tyson and some of its peers for conspiring to manipulate the price
of broiler-chickens. Allegedly, in 2008, Tyson and several other
companies conspired by sharing proprietary data and reducing
production to support prices. On October 7, 2016, Pivotal Research
downgraded Tyson from “buy” to “sell,” due to fears over the class
action against the Company, which it called “powerfully
convincing.” When this news was disclosed to the public, Tyson
shares dropped in value, causing investors harm.
If you wish to learn more about this lawsuit, or if
you have any questions regarding this notice or your rights, please
contact Joon M. Khang, a prominent litigator for almost two
decades, by telephone: (949) 419-3834, or by e-mail at
joon@khanglaw.com.
This press release may constitute Attorney Advertising in some
jurisdictions.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161019006130/en/
Khang & Khang LLPJoon M. Khang, Esq.Telephone:
949-419-3834Facsimile: 949-225-4474joon@khanglaw.com
Tyson Foods (NYSE:TSN)
Historical Stock Chart
From Aug 2024 to Sep 2024
Tyson Foods (NYSE:TSN)
Historical Stock Chart
From Sep 2023 to Sep 2024