MGPI Deadline: MGPI Investors with Losses in Excess of $100K Have Opportunity to Lead MGP Ingredients, Inc. Securities Fraud Lawsuit

Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of MGP Ingredients, Inc. (NASDAQ: MGPI) during the specified Class Period of the upcoming lead plaintiff deadline on February 14, 2025, for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought MGPI common stock between May 4, 2023, and October 30, 2024, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by February 14, 2025 [2][6]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. Group 3: Case Allegations - The lawsuit alleges that defendants made materially false and misleading statements regarding MGPI's business and operations, particularly concerning demand and inventory levels in brown goods [4]. - It is claimed that defendants assured investors of a strong position compared to competitors, despite not taking necessary steps to mitigate risks associated with oversupply and consumption slowdown [4].