SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Sanderson Farms, Inc. of a Class Action Lawsuit & a Lead Pla...
December 02 2016 - 10:15AM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of Sanderson Farms, Inc. (“Sanderson
Farms”) (NASDAQ:SAFM) between December 17,
2013 and October 6, 2016. You are hereby notified
that a securities class action lawsuit has been commenced in the
USDC for the Southern District of New York. To get more information
go to:
http://www.zlk.com/pslra/sanderson-farms
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972. There is no cost or obligation to you.
The complaint alleges that throughout the Class Period,
Defendants made materially false and/or misleading statements
and/or failed to disclose material adverse facts, including that:
(i) Sanderson Farms systematically colluded with several of its
industry peers to fix prices in the broiler-chicken market; (ii)
the foregoing constituted a violation of federal antitrust laws;
(iii) consequently, Sanderson Farms’ revenues during the Class
Period were the result of illegal conduct; and (iv) as a result of
the foregoing, Sanderson Farms’ public statements were materially
false and misleading at all relevant times.
On September 2, 2016, Maplevale Farms, Inc. filed an antitrust
class action complaint against Sanderson Farms and other poultry
producers. Then on October 4, 2016, a complaint was filed against
Sanderson Farms and other peers alleging violations of the Sherman
Act.
If you suffered a loss in Sanderson Farms you have until
December 27, 2016 to request that
the Court appoint you as lead plaintiff. Your ability to share in
any recovery doesn’t require that you serve as a lead
plaintiff.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation, and have recovered
hundreds of millions of dollars for aggrieved shareholders.
Attorney advertising. Prior results do not guarantee similar
outcomes.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161202005470/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq., 212-363-7500Toll
Free: 877-363-5972Fax: 212-363-7171www.zlk.com
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