NEW YORK, Aug. 07, 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=94044&from=3 CLASS PERIOD: July ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Lamb Weston Holdings, Inc. due to significant financial losses attributed to issues with the company's new ERP system implementation [2][3][4]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses exceeding $100,000 in Lamb Weston stock or options between July 25, 2023, and April 3, 2024, to discuss their legal rights [1][2]. - There is an August 12, 2024, deadline for investors to seek the role of lead plaintiff in a federal securities class action against Lamb Weston [2][5]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [2]. Group 2: Financial Impact and Company Performance - Lamb Weston faced significant challenges during the transition to its new ERP system, leading to a loss of $135 million in sales during Q3 of fiscal 2024 [4]. - The company had to reduce its sales guidance for the full fiscal year by $330 million due to the ERP system issues [4]. - Following the disclosure of these challenges, Lamb Weston's stock price fell by $19.59 per share, or over 19%, closing at $81.53 on April 4, 2024 [4]. Group 3: Misrepresentation Allegations - The complaint alleges that Lamb Weston made material misrepresentations regarding the design and implementation of its new ERP system, claiming it had strengthened its operational infrastructure [3]. - The company downplayed the issues encountered during the ERP system's implementation as "usual bumps" and assured investors that its financial guidance accounted for any negative impacts [3]. Group 4: Whistleblower and Information Gathering - Faruqi & Faruqi encourages anyone with information regarding Lamb Weston's conduct, including whistleblowers and former employees, to contact the firm [6].

NEW ORLEANS, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 12, 2024 to file lead plaintiff applications in securities class action lawsuits against Lamb Weston Holdings, Inc. (NYSE: LW), if they purchased the Company's shares between July 25, 2023 and July 23, 2024, inclusive (the "Class Period"). These actions are pending in the United States District Court for the Di ...

NEW YORK, Aug. 5, 2024 /PRNewswire/ -- 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=93529&from=4 CLASS PERIOD: July 25, ...

NEW YORK, Aug. 04, 2024 (GLOBE NEWSWIRE) -- WHY: 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 arrang ...

BOCA RATON, Fla., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Saxena White P.A. has filed a securities fraud class action lawsuit (the "Class Action") in the United States District Court for the District of Idaho against Lamb Weston Holdings, Inc. ("Lamb Weston" or the "Company") (NYSE: LW) and certain of its executive officers (collectively, "Defendants"). The Class Action asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and U.S. Securities and Exchange Commis ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Lamb Weston To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 investing in Lamb Weston stock or options between July 25, 2023 and April 3, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: w ...

NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Lamb Weston Holdings, Inc. ("Lamb Weston" or the "Company") (NYSE: LW). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4- POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Lamb Weston and cer ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Lamb Weston To Contact Him Directly To Discuss Their Options. According to the Complaint, Defendants made numerous material misrepresentations and omissions regarding the design and implementation of Lamb Weston's new ERP system. Specifically, throughout the Class Period, Defendants represented that, through the design of the Company's new ERP system, Lamb Weston had "strengt ...

Core Viewpoint - Lamb Weston experienced a significant decline in share price, dropping 32% week-to-date following disappointing quarterly results and subsequent analyst downgrades [1][5]. Financial Performance - The company's net sales for the fourth quarter of fiscal 2024 decreased by 5% year-over-year to $1.6 billion [6]. - Non-GAAP (adjusted) net income fell sharply by 40% to just under $114 million [6]. Analyst Reactions - Analysts had anticipated $1.7 billion in revenue and $1.26 per share for adjusted net income, but the company did not meet these expectations [2]. - Following the earnings release, several analysts downgraded their price targets and recommendations for Lamb Weston from buy to hold [3][4]. Market Conditions - CEO Tom Warner noted that the company's price/mix results were below expectations, and there were greater-than-expected market share losses and a slowdown in restaurant traffic in both the U.S. and key international markets [5].