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INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Conagra Brands, Inc. Investors (CAG)


Law Offices of Howard G. Smith announces that a class action lawsuit has
been filed on behalf of Conagra Brands, Inc. ("Conagra" or the
"Company") (NYSE: CAG)
investors who: a) purchased or otherwise acquired Conagra common stock
between June 27, 2018 and December 19, 2018,
inclusive (the "Class Period"); and/or b) purchased Conagra common stock
pursuant and/or traceable to the Company's secondary public offering
commenced on or about October 9, 2018 ("SPO"). Conagra investors have
until April 23, 2019 to file a lead plaintiff motion.

Investors suffering losses on their Conagra investments are encouraged
to contact the Law Offices of Howard G. Smith to discuss their legal
rights in this class action at 888-638-4847 or by email to

On December 20, 2018, the Company disclosed disappointing financial
results for 2Q 2019, including net sales for its recently-acquired
Pinnacle Foods, Inc. ("Pinnacle") that were "below expectations due to
weak performance across a range of significant brands," which resulted
in negative scrutiny by analysts, questioning whether Conagra had
performed proper due diligence in the transaction.

On this news, shares of Conagra fell $2.13 or nearly 9%, to close at
$22.15 on December 21, 2018, thereby injuring investors.

The complaint filed in this class action alleges that throughout the
Class Period, Defendants made materially false and misleading statements
regarding the Company's business, operational and compliance policies.
Specifically, Defendants made false and/or misleading statements and/or
failed to disclose that: (1) Conagra inadequately performed proper due
diligence in connection with the acquisition of Pinnacle; (2) the
performance of Pinnacle's three leading brands was not deteriorating due
to intensified competition, but to self-inflicted subpar innovation and
executional missteps; (3) Pinnacle's business was performing so poorly
that it had resorted to pushing promotional deals to retailers in an
effort to boost sales; and (4) as a result of the foregoing, Defendant's
public statements were materially false and/or misleading and/or lacked
a reasonable basis when made.

If you purchased shares of Conagra, have information or would like to
learn more about these claims, or 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,
or visit our website at

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

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