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Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of MGP Ingredients, Inc. (MGPI) Shareholders ...

NEW YORK, Jan. 21, 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 ...

Group 1 - Shareholders of MGP Ingredients, Inc. (MGPI) who experienced financial losses are encouraged to contact Levi & Korsinsky regarding a pending class action lawsuit [1] - The class action is focused on potential securities law violations by MGPI, which may have impacted shareholder value [1] - The announcement highlights the importance of legal recourse for investors who believe they have been adversely affected by the company's actions [1] Group 2 - The news indicates a growing trend of shareholder activism and legal actions in response to perceived mismanagement or lack of transparency in public companies [1] - The situation surrounding MGPI reflects broader industry concerns regarding corporate governance and accountability [1] - Legal firms are increasingly targeting companies with potential securities violations, suggesting a heightened scrutiny of corporate practices [1]

Shareholders that lost money on MGP Ingredients, Inc.(MGPI) should contact Levi & Korsinsky about pending Class Action - MGPI ...

Core Viewpoint - MGP Ingredients, Inc. shareholders are being alerted to the opportunity to lead a class action lawsuit against the company, indicating potential legal issues that may affect shareholder value [1] Group 1 - The law firm Bronstein, Gewirtz and Grossman, LLC is announcing the opportunity for MGP Ingredients, Inc. shareholders to participate in a class action lawsuit [1] - This legal action suggests that there may be significant concerns regarding the company's practices or disclosures that could impact its financial standing [1] - Shareholders are encouraged to take action, which may indicate a broader issue within the company that could affect investor confidence [1]

Core Viewpoint - Levi & Korsinsky has notified shareholders of MGP Ingredients, Inc. (MGPI) regarding a class action lawsuit and an upcoming deadline for participation [1] Group 1 - The class action lawsuit pertains to MGP Ingredients, Inc. and is aimed at protecting the interests of shareholders [1] - Shareholders are urged to take note of the upcoming deadline related to the lawsuit [1]

Core Viewpoint - A securities class action lawsuit has been filed against MGP Ingredients, Inc. (MGPI) for allegedly making materially false and misleading statements regarding its business operations and prospects during the class period from May 4, 2023, to October 30, 2024 [1][2]. Group 1: Allegations Against MGPI - The lawsuit claims that MGPI's defendants failed to disclose a slowdown in consumption and oversupply of their products, which rendered their positive statements about the company's business misleading [2]. - The complaint indicates that the defendants' statements lacked a reasonable basis at all relevant times, impacting investor decisions [2]. Group 2: Lead Plaintiff Process - Investors in MGPI have until February 14, 2025, to seek appointment as a lead plaintiff representative of the class, which involves directing the litigation on behalf of all class members [3]. - The lead plaintiff is typically the investor or small group of investors with the largest financial interest in the case [3]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is the law firm handling the case and has a reputation for prosecuting class actions and recovering significant amounts for victims of corporate misconduct [4]. - The firm encourages MGPI investors who have suffered losses to contact them for more information regarding the lawsuit [4].

MGPI INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that MGP Ingredients, Inc. Shareholders Have Opportunity to Lead Class Action Lawsuit! ...

Core Viewpoint - Shareholders of MGP Ingredients, Inc. (MGPI) who experienced financial losses are encouraged to participate in a class action lawsuit to seek potential recovery of their losses [1] Group 1 - The class action is being organized by Levi & Korsinsky, a law firm specializing in shareholder rights [1] - The lawsuit aims to address the financial damages incurred by shareholders due to the company's actions or omissions [1] - Shareholders are urged to contact the law firm for more information on how to join the class action [1]