San Diego, CA -- (SBWIRE) -- 10/25/2016 -- An investor, who purchased shares of Tyson Foods, Inc. (NYSE:TSN), filed a lawsuit in the U.S. District Court for the Central District of California over alleged violations of Federal Securities Laws by Tyson Foods, Inc. in connection with certain allegedly false and misleading statements made between November 23, 2015 and October 7, 2016.

Investors who purchased shares of Tyson Foods, Inc. (NYSE:TSN) have certain options and for certain investors are short and strict deadlines running. Deadline: December 16, 2016. NYSE:TSN investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The plaintiff claims that Tyson Foods had conspired to fix chicken prices and that, as a result, defendants' statements were allegedly materially false and misleading at all relevant times.

On September 2, 2016, certain media outlets reported the filing of an antitrust lawsuit against Tyson Foods asserting that it conspired to manipulate the price of broiler-chickens.

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