An investigation on behalf of investors in Tyson Foods, Inc. (NYSE:TSN) shares over potential wrongdoing at Tyson Foods, Inc. was announced and NYSE:TSN stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 10/10/2016 -- An investigation on behalf of investors in shares of Tyson Foods, Inc. (NYSE:TSN) was announced concerning potential breaches of fiduciary duties by certain Tyson Foods directors.
Investors who purchased shares of Tyson Foods, Inc. (NYSE:TSN) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm concerns whether certain Tyson Foods directors breached their fiduciary duties and caused damage to the company and its shareholders.
On October 7, 2016, Pivotal Research downgraded Tyson Foods, Inc from "buy" to "sell," noting apprehensions about a "powerfully convincing" class action against Tyson Foods, Inc and some of its industry peers as defendants, alleging price collusion in the broiler-chicken market. The complaint alleges that at the beginning of 2008, Tyson Foods, Inc and several other companies conspired by sharing proprietary data and reducing production to support prices.
Shares of Tyson Foods, Inc. (NYSE:TSN) declined to as low as $65.85 per share on October 7, 2016.
Those who purchased shares of Tyson Foods, Inc. have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com