Shareholders that lost money on MGP Ingredients, Inc.(MGPI) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More ...

RADNOR, Pa., Jan. 16, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against MGP Ingredients, Inc. (“MGPI”) (NASDAQ: MGPI) on behalf of those who purchased or otherwise acquired MGPI common stock between May 4, 2023, and October 30, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is February 14, 2025. C ...

NEW YORK, Jan. 16, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of MGP Ingredients, Inc. (NASDAQ: MGPI).Shareholders who purchased shares of MGPI 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/mgp-ingredients-inc-loss-submission-form-2/?id=123050&from=4 CLASS PERIOD: May 4, 2 ...

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Lawsuit Overview - Investors with losses have the opportunity to lead a securities fraud class action lawsuit against MGP Ingredients, Inc (MGPI) [1] - The lawsuit alleges that between May 4, 2023 and October 30, 2024, MGPI failed to disclose a slowdown in consumption and oversupply of their products, making their positive statements about the company's business, operations, and prospects materially misleading [2] Participation Details - Investors who suffered losses on MGPI investments can participate in the lawsuit by clicking a provided link before February 14, 2025 [2] - To inquire about the lawsuit, investors can contact Glancy Prongay & Murray LLP via email, phone, or their website [3][5] - Investors who inquire by email should include their mailing address, telephone number, and number of shares purchased [4] - Investors can choose to retain their own counsel or take no action and remain an absent member of the class action [4]

NEW YORK, Jan. 10, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in MGP Ingredients, Inc. ("MGP Ingredients, Inc." or the "Company") (NASDAQ: MGPI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of MGP Ingredients, Inc. investors who were adversely affected by alleged securities fraud between May 4, 2023 and October 30, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/mgp ...

NEW YORK, Jan. 9, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of MGP Ingredients, Inc. (NASDAQ: MGPI).Shareholders who purchased shares of MGPI 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/mgp-ingredients-inc-loss-submission-form-2/?id=121483&from=4CLASS PERIOD: May 4, 202 ...

Lawsuit Overview - A securities class action lawsuit has been filed against MGP Ingredients, Inc (MGPI) on behalf of investors who purchased or acquired MGPI common stock between May 4, 2023, and October 30, 2024 [1] - The lead plaintiff deadline is February 14, 2025 [1] Allegations - Defendants are accused of making materially false and/or misleading statements during the Class Period [2] - Defendants allegedly failed to disclose a slowdown in consumption and oversupply in their products [2] - Defendants' positive statements about the company's business, operations, and prospects were allegedly materially misleading and/or lacked a reasonable basis [2] Lead Plaintiff Process - MGPI investors may seek to be appointed as a lead plaintiff representative of the class by February 14, 2025 [3] - The lead plaintiff is typically the investor or small group of investors with the largest financial interest who are also adequate and typical of the proposed class [3] - The lead plaintiff selects counsel to represent the lead plaintiff and the class [3] Law Firm Information - Kessler Topaz Meltzer & Check, LLP is prosecuting the class action and encourages MGPI investors who have suffered significant losses to contact the firm [4] - The firm has a global reputation for excellence and has recovered billions of dollars for victims of fraud and corporate misconduct [4]

NEW YORK, Jan. 7, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in MGP Ingredients, Inc. ("MGP Ingredients, Inc." or the "Company") (NASDAQ: MGPI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of MGP Ingredients, Inc. investors who were adversely affected by alleged securities fraud between May 4, 2023 and October 30, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/mgp- ...

Class Action Lawsuit Against MGP Ingredients, Inc - A class action lawsuit has been filed on behalf of investors who purchased or acquired MGP Ingredients, Inc (MGPI) common stock between May 4, 2023, and October 30, 2024 [1] - MGPI is a company that manufactures, distills, and sells alcoholic beverages including tequila, bourbon, rye, and other whiskeys, as well as grain-neutral spirits like vodka and gin [1] Allegations of Misleading Investors - The complaint alleges that MGPI misled investors regarding demand and inventory levels for its brown goods (American whiskies and tequila) [2] - Defendants repeatedly claimed strong demand and "normal" inventory levels, while in reality, there was a slowdown in consumption and oversupply [2] - MGPI assured investors that they were positioned differently than competitors and had taken steps to mitigate risks, which was not true [2] Impact on Stock Price - On October 17, 2024, MGPI admitted that soft demand and high inventories were undermining sales, leading to a 29.5% decline in share price from $81.57 to $57.50 over three trading days [3] - On October 31, 2024, MGPI further confessed that excess inventories would have an even greater impact on 2025 sales, causing the stock price to drop another 14.7% to $48.08 [4] Legal Representation and Shareholder Rights - Robbins LLP, a law firm specializing in shareholder rights litigation, is investigating the allegations against MGPI [6] - The firm has a history of recovering over $1 billion for shareholders since its inception in 2002 [6]