NEW YORK, Dec. 23, 2016 /PRNewswire/ -- 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.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY
10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP