ROSEN, NATIONAL TRIAL LAWYERS, Encourages Lamb Weston Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – LW

Core Insights - A class action lawsuit has been filed against Lamb Weston Holdings, Inc. for alleged material misrepresentations regarding its new Enterprise Resource Planning (ERP) system during the Class Period from July 25, 2023, to April 3, 2024 [5][8] - The lawsuit claims that Lamb Weston misled investors by stating that the ERP system strengthened its operational infrastructure while downplaying implementation issues as "usual bumps," leading to artificially inflated stock prices [5][8] Summary by Sections Class Action Details - Investors who purchased Lamb Weston common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [4] - The deadline to serve as lead plaintiff in the class action is August 12, 2024 [8] Allegations Against Lamb Weston - The lawsuit alleges that Lamb Weston made numerous material misrepresentations and omissions regarding the design and implementation of its ERP system [5] - It is claimed that the company assured investors that its financial guidance for fiscal 2024 accounted for any negative impacts from the ERP system's deployment [5] Legal Representation - Investors are encouraged to select qualified counsel with a successful track record in securities class actions [9] - The Rosen Law Firm, which is representing the investors, has a history of significant recoveries for investors, including over $438 million in 2019 alone [9]