Core Viewpoint - A class action securities lawsuit has been filed against Lamb Weston Holdings, Inc. due to alleged securities fraud impacting investors between July 25, 2023, and April 3, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that the defendants made false or misleading statements regarding the implementation of an Enterprise Resource Planning (ERP) system, which was not ready for deployment [2]. - It is alleged that the company was aware of the issues with the ERP system that would negatively affect its business operations but proceeded with the rollout anyway [2]. - The financial guidance provided for fiscal 2024 was deemed to lack a reasonable factual basis due to these undisclosed risks [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until August 12, 2024, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in any recovery does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as a leading securities litigation firm in the United States [4]. Group 4: Cost Structure - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [5].

If you are a shareholder who suffered a loss, click here to participate. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 21 ...

NEW YORK, July 09, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Lamb Weston Holdings, Inc. (NYSE: LW). Shareholders who purchased shares of LW during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/lamb-weston-holdings-loss-submission-form/?id=89653&from=3 CLASS PERIOD: July ...

Core Viewpoint - Lamb Weston Holdings, Inc. is facing a class action lawsuit due to significant operational challenges related to its new Enterprise Resource Planning (ERP) software, which resulted in substantial financial losses and misleading statements made by the company's management [2][4][6]. Group 1: Class Action Details - Investors who purchased Lamb Weston common stock between July 25, 2023, and April 3, 2024, are eligible to file a lead plaintiff motion by August 12, 2024 [2]. - The lawsuit is being led by Glancy Prongay & Murray LLP, which is encouraging affected investors to inquire about their rights and potential claims [3][8]. Group 2: Financial Impact - On April 4, 2024, Lamb Weston reported a loss of $135 million in sales for the third quarter of fiscal 2024 due to issues with the ERP system [4]. - The company also revised its sales guidance downward by $330 million for the remainder of the fiscal year [4]. Group 3: Stock Price Reaction - Following the announcement of the ERP-related challenges, Lamb Weston's stock price dropped by $19.59, or 19.4%, closing at $81.53 per share on April 4, 2024 [5]. Group 4: Allegations Against Management - The class action complaint alleges that the company's management made materially false and misleading statements regarding the ERP system's readiness and its impact on business operations [6]. - It is claimed that management was aware of the ERP system's issues but proceeded with its implementation, leading to negative consequences for the company [6].

NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Lamb Weston Holdings, Inc. (NYSE: LW). Shareholders who purchased shares of LW during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/lamb-weston-holdings-loss-submission-form/?id=88038&from=3 ALLEGATIONS: Accor ...

SAN DIEGO, June 30, 2024 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of shares of Lamb Weston Holdings, Inc. (NYSE: LW) common stock between July 25, 2023 and April 3, 2024, both dates inclusive (the "Class Period"), have until August 12, 2024 to seek appointment as lead plaintiff of the Lamb Weston class action lawsuit. Captioned Cleveland Bakers and Teamsters Pension Fund v. Lamb Weston Holdings, Inc., No. 24-cv-00282 (D. Idaho), the Lamb Weston class act ...

NEW YORK, June 28, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Lamb Weston Holdings, Inc. (NYSE: LW) between July 25, 2023 and April 3, 2024, both dates inclusive (the "Class Period"), of the important August 12, 2024 lead plaintiff deadline. So what: If you purchased Lamb Weston common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. Wh ...

CONTACT US HERE: Shareholders who purchased shares of LW during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. https://securitiesclasslaw.com/securities/lamb-weston-holdings-loss-submission-form/?id=87815&from=4 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of LW during the timeframe listed above, you will be enrolled in a portfolio monit ...

LOS ANGELES, June 25, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lamb Weston Holdings, Inc. ("Lamb Weston" or "the Company") (NYSE: LW) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between July 25, 2023 and April 3, 2024, inclusive (the "Class Perio ...

NEW YORK, June 25, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lamb Weston Holdings, Inc. (NYSE: LW). CONTACT US HERE: CLASS PERIOD: July 25, 2023 to April 3, 2024 DEADLINE: August 12, 2024 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/lamb-weston-holdings-loss-submission-form/? id=87103&from=4 WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class actio ...