IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces an Investigation of Sanderson Farms, Inc. & Advises Investors with Losse...
October 20 2016 - 3:30PM
Business Wire
Lundin Law PC, a shareholder rights firm, announces that it is
investigating claims against Sanderson Farms, Inc. (“Sanderson
Farms” or the “Company”) (Nasdaq: SAFM) concerning possible
violations of federal securities laws.
To get more information about this investigation, please contact
Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by
email at brian@lundinlawpc.com.
The investigation concerns whether Sanderson Farms and certain
of its officers and/or directors violated Sections 10(b) and 20(a)
of the Securities Exchange Act of 1934. On October 7, 2016, Pivotal
Research downgraded its peer company Tyson Foods, Inc. from “buy”
to “sell,” due to fears of a class action against Tyson Foods,
Sanderson Farms and other peers over price collusion in the
broiler-chicken market. Allegedly, in 2008, Tyson Foods, Sanderson
Farms, and several other companies conspired by sharing proprietary
data and reducing production to support prices.
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/20161020006477/en/
Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile:
888-713-1125brian@lundinlawpc.comhttp://lundinlawpc.com/
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