NEW YORK--(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 [email protected] or [email protected]
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 [email protected]
or [email protected].
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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