INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit Against Tyson Foods, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / October 28, 2016 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit has been filed against Tyson Foods, Inc. (“Tyson Foods” or the “Company”) (NYSE: TSN) concerning possible violations of federal securities laws between November 23, 2015 and October 6, 2016 inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm prior to the December 16, 2016 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the Complaint, Tyson Foods made false and/or misleading statements and/or failed to disclose material information. On September 2, 2016, some media outlets reported the filing of an antitrust class action lawsuit against Tyson Foods and some of its peers for conspiring to manipulate the price of broiler-chickens. Allegedly, in 2008, Tyson Foods and several other companies conspired by sharing proprietary data and reducing production to support prices. On October 7, 2016, Pivotal Research downgraded Tyson Foods from “buy” to “sell,” due to fears over the class action against the Company, which it called “powerfully convincing.” When this information was disclosed to the public, the stock price of Tyson Foods declined, causing investors harm.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

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

Contact:

Lundin Law PC

Brian Lundin, Esq.

Telephone: 888-713-1033

Facsimile: 888-713-1125

brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 447928