Finkelstein Thompson LLP Reminds Diamond Foods Shareholders of January 6, 2012 Deadline
January 04 2012 - 10:09AM
Business Wire
The law firm Finkelstein Thompson LLP reminds shareholders of
Diamond Foods, Inc. (“Diamond” or “the Company”) (NASDAQ: DMND) of
the upcoming lead plaintiff deadline in the securities fraud class
action it has filed against the Company. Finkelstein Thompson’s
lawsuit alleges Diamond misled investors by failing to properly
account for payments to walnut growers and painting an
overly-optimistic picture of its efforts to acquire the Pringles
brand from Procter & Gamble.
Investors who purchased shares between December 9, 2010 and
November 4, 2011 have until January 6, 2012 to ask the court to
appoint them as lead plaintiff. Appointment as lead plaintiff
confers many advantages, including increased input into the
direction of the litigation, in settlement negotiations, and in the
selection of class counsel.
If you are a current or former Diamond shareholder and wish to
discuss your options, please contact Finkelstein Thompson’s
Washington, D.C. office at (877) 337-1050 or by email at
contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation in financial litigation, and has been
appointed as lead or co-lead counsel in dozens of shareholder class
actions, recovering over $1 billion on behalf of investors. To
learn more about Finkelstein Thompson LLP, please visit our website
at www.finkelsteinthompson.com. Attorney advertising. Prior results
do not guarantee similar outcomes.
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