LW Investors Have the Opportunity to Lead Lamb Weston Holdings, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Core Viewpoint - A class action lawsuit has been filed against Lamb Weston Holdings, Inc. for making false and misleading statements regarding its ERP system, which led to significant financial losses for investors [2][5]. Group 1: Company Misconduct - The Company claimed that its new ERP system had strengthened its operational infrastructure and faced only the usual implementation challenges. However, it actually encountered serious issues that resulted in $135 million in lost sales in Q3 2024 and a $330 million reduction in its full-year sales guidance for 2024 [2]. - The public statements made by the Company during the class period were deemed false and materially misleading, causing damages to investors when the truth was revealed [2]. Group 2: Legal Proceedings - The Schall Law Firm is representing investors in a class action lawsuit against Lamb Weston for violations of the Securities Exchange Act of 1934 [5]. - Investors who purchased the Company's securities between July 25, 2023, and April 3, 2024, are encouraged to contact the firm before August 12, 2024, to discuss their rights [1][3].