Data News > MGP Ingredients, Inc. Faces Securities Law Violations Lawsuit

MGP Ingredients, Inc. Faces Securities Law Violations Lawsuit

By KlickAnalytics Data Insights  |   December 31, 2024 08:01PM ET

Key Points

- Multiple law firms are filing class action lawsuits against MGP Ingredients, Inc. for securities law violations.
- Investors who suffered losses on their MGPI investment are encouraged to contact Levi & Korsinsky, Pomerantz Law Firm, The Schall Law Firm, or Lieff Cabraser Heimann & Bernstein, LLP before February 14, 2025.
- The lawsuits are based on alleged violations of federal securities laws during the Class Period of May 4, 2023, to October 30, 2024.
- Shareholders with losses on their investment in MGP Ingredients, Inc. are advised to take action to potentially recover their losses.
- The deadline to apply to be lead plaintiff in the securities class action against MGPI is February 14, 2025.

Several prominent law firms have initiated legal action against MGP Ingredients, Inc., a company listed on the NASDAQ as MGPI, for allegedly violating securities laws. Shareholders who experienced losses on their investments with MGPI are urged to connect with Levi & Korsinsky, Pomerantz Law Firm, The Schall Law Firm, or Lieff Cabraser Heimann & Bernstein, LLP before February 14, 2025, to explore potential avenues for recovery.

The lawsuits stem from purported breaches of federal securities laws that transpired between May 4, 2023, and October 30, 2024, which are collectively defined as the "Class Period." Investors who were active during this timeframe and incurred losses are strongly advised to act promptly to secure their rights and potentially regain their losses.

Levi & Korsinsky, a reputable legal entity, has set a deadline of February 14, 2025, for investors to engage with them regarding the securities law violations associated with MGP Ingredients, Inc. Similarly, Pomerantz Law Firm, The Schall Law Firm, and Lieff Cabraser Heimann & Bernstein, LLP have specified the same deadline for shareholders seeking to participate in the class action against MGPI.

It is crucial for shareholders who suffered financial setbacks as a result of their investment in MGP Ingredients, Inc. to promptly seek legal counsel and explore their options for potential recovery. By contacting the aforementioned law firms before the February 14, 2025 deadline, investors can take the necessary steps to address their losses in connection with the alleged securities law violations.

Investors who wish to be considered as lead plaintiffs in the securities class action against MGPI must act swiftly and reach out to Levi & Korsinsky, Pomerantz Law Firm, The Schall Law Firm, or Lieff Cabraser Heimann & Bernstein, LLP before the upcoming deadline. This proactive approach can help shareholders protect their rights and pursue potential remedies in light of the legal proceedings against MGP Ingredients, Inc.

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