Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of United Natural Foods, Inc. (UNFI) [1] Group 1: Allegations of Misrepresentation - Insiders at United Natural Foods allegedly caused the company to misrepresent or fail to disclose critical information regarding its operations and financial health [2] - The company did not invest in improving its data management and related infrastructure despite its cost-saving Value Path initiative [2] - As a result of inadequate infrastructure, United Natural Foods could not respond effectively to cost changes, including inflationary pressures [2] - The company failed to recognize the benefits of procurement and inventory gains achieved during fiscal 2022, adversely impacting profitability [2] - Positive statements made about the company's business, operations, and prospects were deemed materially misleading or lacking a reasonable basis [2]
Kuehn Law Encourages Investors of United Natural Foods, Inc. to Contact Law Firm