EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Tyson Foods, Inc. - TSN
October 26 2016 - 1:00PM
Business Wire
Rosen Law Firm, a global investor rights law firm, announces the
filing of a class action lawsuit on behalf of purchasers of Tyson
Foods, Inc. securities (NYSE: TSN) from November 23, 2015 through
October 7, 2016, both dates inclusive (the “Class Period”). The
lawsuit seeks to recover damages for Tyson Foods investors under
the federal securities laws.
To join the Tyson Foods class action, go to the firm’s website
at http://www.rosenlegal.com/cases-964.html or call Phillip Kim,
Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for information on the
class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, throughout the Class Period defendants
made false and/or misleading statements and/or failed to disclose
that Tyson Foods had conspired to fix chicken prices. The lawsuit
alleges that, as a result, defendants’ statements were materially
false and misleading at all relevant times. On September 2, 2016,
certain media outlets reported the filing of an antitrust lawsuit
against Tyson Foods asserting that it conspired to manipulate the
price of broiler-chickens. On October 7, 2016, Pivotal Research
reduced its price target and rating for Tyson Foods due to the
allegations of the previously reported antitrust lawsuit. The
lawsuit claims that investors suffered damages when these details
entered the market.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than
December 16, 2016. If you wish to join the litigation, go to the
firm’s website at http://www.rosenlegal.com/cases-964.html or to
discuss your rights or interests regarding this class action,
please contact Phillip Kim or Kevin Chan of Rosen Law Firm toll
free at 866-767-3653 or via email at pkim@rosenlegal.com or
kchan@rosenlegal.com.
Follow us for updates on LinkedIn:
https://www.linkedin.com/company/the-rosen-law-firm or on Twitter:
https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
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version on businesswire.com: http://www.businesswire.com/news/home/20161026006479/en/
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: 212-686-1060Toll Free: 866-767-3653Fax:
212-202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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