Radnor, Pennsylvania – (NewMediaWire) – December 28, 2024 – The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) has notified investors that a securities class action lawsuit has been filed. Ingredients of MGP Inc. (NASDAQ:) (NASDAQ: MGPI) on behalf of those who purchased or acquired MGPI common stock between May 4, 2023 and October 30, 2024 (Class Period). The lead plaintiff deadline is February 14, 2025.
Contact Kessler Topaz Meltzer & Check LLP:
If you have suffered MGPI losses, click here or copy and paste this link into your browser: https://www.ktmc.com/new-cases/mgp-ingredients-inc?utm_source=PR&utm_medium =link&utm_campaign=mgpi&mktm=r
You may also contact attorney Jonathan Naji. Call (484) 270-1453 or email info@ktmc.com.
Defendant alleged misconduct:
The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the defendant did not disclose to investors the following: (1) There was a slowdown in consumption and an oversupply of their own products. (2) as a result, Defendants’ positive statements regarding the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times;
Lead plaintiff process:
MGPI investors may seek to be appointed as lead class plaintiff through Kessler Topaz Meltzer & Check, LLP or other counsel no later than February 14, 2025, or take no action and join the class. You may also choose to remain an absent member. A lead plaintiff is a representative party acting on behalf of the entire class in directing a class action. The lead plaintiff is usually the investor or minority group of investors with the greatest economic interest and who are typical and relevant of the proposed investor class. The lead plaintiff will select attorneys to represent the lead plaintiff and class, and if approved by the court, these attorneys will become lead or class counsel. Your ability to participate in the recovery is not affected by your decision to serve as lead plaintiff.
Kessler Topaz Meltzer & Check, LLP encourages MGPI investors who have suffered significant losses to contact the firm directly for further information.
Click here to sign up for the lawsuit or visit: https://www.ktmc.com/new-cases/mgp-ingredients-inc?utm_source=PR&utm_medium=link&utm_campaign=mgpi&mktm=r
About Kessler Topaz Meltzer & Check LLP:
Kessler Topaz Meltzer & Check, LLP litigates class actions in state and federal courts across the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: protecting investors, consumers, employees and others from fraud, abuse, fraud and negligence by companies and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.
contact:
Kessler Topaz Meltzer & Check LLP
Mr. Jonathan Nagy, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, Pennsylvania 19087
info@ktmc.com
May be considered Attorney Advertising in certain jurisdictions. Past results do not guarantee future results.
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