ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages MGP Ingredients, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action
New York, NY–(Newsfile Corp. – January 12, 2025) – WHY? Rosen Law Firm, a global investor protection law firm, reminds buyers of common stock MGP components Inc. (NASDAQ: NASDAQ: ) from May 4, 2023 to October 30, 2024 (the “Period”), significant February 14, 2025 lead plaintiff deadline.
SO WHAT? If you purchased MGPI common stock during the Class Period, you may be entitled to a refund without payment of any cash fees or expenses through a contingency fee arrangement.
WHAT TO DO NEXT? To join the MGPI class action, visit https://rosenlegal.com/submit-form/?case_id=9167 or call Philip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com. A class action lawsuit has already been filed. If you want to act as the main plaintiff, you must move to court no later than February 14, 2025. A lead plaintiff is a representative party acting on behalf of other class members in leading the litigation.
WHY CHOOSE ROSEN LAW? We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, the companies issuing the notices do not have comparable experience, resources or the recognition of any meaningful peers. Many of these firms do not actually handle securities class actions, but are simply brokers who refer clients or partner with the law firms that actually litigate the cases. The Rosen Law Firm represents investors worldwide, focusing its practice in securities class action and shareholder derivative litigation. ranked number 1 by Action: (WA:) Services for securities class actions in 2017. The company has been ranked in the top 4 every year since 2013. The company has returned hundreds of millions of dollars to investors in 2019 alone secured more than $438 million in 2020. Founding partner Lawrence Rosen was named a plaintiff attorney by law360. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE. According to the lawsuit, the defendants made materially false and/or misleading statements throughout the Class Period and failed to disclose material adverse facts about MGPI’s business, operations and prospects. of demand and “normal” inventory levels, when in reality there was a slowdown in consumption and an oversupply of their products.Worse, the defendants had assured investors that they were positioned differently than their competitors and that this was not a problem because MGPI had already taken steps to mitigate the risk, when in fact it had not. When the actual details came to market, the lawsuit alleges, that investors suffered losses.
To join the MGPI class action, visit https://rosenlegal.com/submit-form/?case_id=9167 or call Philip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com.
No class has been certified. You may not be represented by an attorney. You may also choose to remain an absent class member at this time potential future recovery is not dependent on serving as lead plaintiff.
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