MGPI Class Action Lawsuit Reminder: Kessler Topaz Meltzer & Check, LLP Reminds MGP Ingredients, Inc. (MGPI) Investors that a Securities Fraud Class Action Lawsuit Has Been Filed

Lawsuit Overview - A securities class action lawsuit has been filed against MGP Ingredients, Inc (MGPI) in the United States District Court for the Southern District of New York [1] - The lawsuit is 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 alleged to have made materially false and/or misleading statements during the Class Period [2] - Defendants failed to disclose material adverse facts about the company's business, operations, and prospects [2] - Specifically, Defendants did not disclose a slowdown in consumption and oversupply in their products [2] - As a result, Defendants' positive statements about the company's business, operations, and prospects were 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 no later than 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] - The decision to serve as a lead plaintiff does not affect the ability to share in any recovery [3] Law Firm Information - Kessler Topaz Meltzer & Check, LLP is prosecuting the class action [4] - The firm has a global reputation for excellence and has recovered billions of dollars for victims of fraud and corporate misconduct [4] - The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP [4]