INVESTOR ALERT: Goldberg Law PC Files Securities Class Action Lawsuit against Tyson Foods, Inc. & Encourages Investors with L...
October 20 2016 - 5:19PM
Business Wire
Goldberg Law PC, a national shareholder rights litigation firm,
announces a class action lawsuit has been filed against Tyson
Foods, Inc. (“Tyson Foods” or the “Company”) (NYSE: TSN). Investors
who purchased or otherwise acquired shares between November 23,
2015 and October 6, 2016 (the “Class Period”), are encouraged to
contact the Firm in advance of the December
16, 2016 lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class
Period, click here to participate. In addition, we encourage
you to contact Michael Goldberg or Brian Schall, of Goldberg Law
PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at
800-977-7401, to discuss your rights without cost to you. You can
also reach us through the firm’s website at
http://www.Goldberglawpc.com, or by email at
info@goldberglawpc.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
The complaint alleges that during the Class Period, 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 news was announced, shares of
Tyson Foods fell in value.
Goldberg Law PC represents shareholders around the world and
specializes in securities class actions and shareholder rights
litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161020006658/en/
Goldberg Law PC, Los AngelesMichael Goldberg, Esq.,
800-977-7401Brian Schall, Esq.,
800-977-7401info@goldberglawpc.comwww.Goldberglawpc.com
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