IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Tyson Foods, Inc. & Encourages I...
October 20 2016 - 11:33AM
Business Wire
Lundin Law PC (the “Firm”) announces a class action lawsuit has
been filed against Tyson Foods, Inc. (“Tyson Foods” or the
“Company”) (NYSE: TSN) concerning possible violations of federal
securities laws between November 23, 2015 and October 6, 2016 (the
“Class Period”). Investors who purchased or otherwise acquired
shares during the Class Period should contact the Firm prior to the
December 16, 2016 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esquire, of Lundin Law PC, at
888-713-1033, or e-mail him at brian@lundinlawpc.com.
No class has been certified in the above action. Until a class
is certified, you are not considered represented by an attorney.
You may also choose to do nothing and be an absent class
member.
According to the Complaint, Tyson Foods 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 Foods and
some of its peers for conspiring to manipulate the price of
broiler-chickens. Allegedly, in 2008, Tyson Foods and several other
companies conspired by sharing proprietary data and reducing
production to support prices. On October 7, 2016, Pivotal Research
downgraded Tyson Foods from “buy” to “sell,” due to fears over the
class action against the Company, which it called “powerfully
convincing.” When this information was disclosed, shares of Tyson
Foods dropped in value, causing investors harm.
Lundin Law PC was founded by Brian Lundin, a securities
litigator based in Los Angeles dedicated to upholding shareholders’
rights.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20161020006088/en/
Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile:
888-713-1125brian@lundinlawpc.comhttp://lundinlawpc.com/
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