December 16 Deadline Alert: Law Offices of Howard G. Smith Reminds Tyson Foods, Inc. Investors Of Upcoming Lead Plaintiff Dea...
December 07 2016 - 3:01PM
Business Wire
Law Offices of Howard G. Smith reminds investors of the upcoming
December 16, 2016 deadline to file a lead plaintiff motion
in the class action filed on behalf of a class (the “Class”) of
investors who purchased Tyson Foods, Inc. (“Tyson” or the
“Company”) (NYSE: TSN) securities between November 23, 2015 and
October 7, 2016, inclusive (the “Class Period”). Tyson
investors have until December 16, 2016 to file a
lead plaintiff motion.
On September 2, 2016, some media outlets reported the filing of
an antitrust class action lawsuit against Tyson and some of its
peers for conspiring to manipulate the price of broiler-chickens.
Allegedly, in 2008, Tyson and several other companies conspired by
sharing proprietary data and reducing production to support prices.
On October 7, 2016, Pivotal Research downgraded Tyson from "buy" to
"sell," due to fears over the class action against the Company,
which it called "powerfully convincing." When this news was
disclosed to the public, Tyson shares dropped in value.
If you purchased shares of Tyson during the Class Period you may
move the Court no later than December 16, 2016 to ask the
Court to appoint you as lead plaintiff if you meet certain legal
requirements. To be a member of the Class you need not take any
action at this time; you may retain counsel of your choice or take
no action and remain an absent member of the Class. If you wish to
learn more about this action, or if you have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Howard G. Smith, Esquire,
of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847,
toll-free at (888) 638-4847, or by email to
howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.
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/20161207006177/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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