An investigation for investors in MGP Ingredients Inc (NASDAQ:MGPI) shares over potential securities laws violations by MGP Ingredients Inc was announced and NASDAQ:MGPI stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 11/01/2016 -- MGP Ingredients Inc is under investigation over potential violations of securities laws. The investigation was announced on behalf of investors in NASDAQ:MGPI shares.
Investors who purchased shares of MGP Ingredients Inc (NASDAQ:MGPI), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of MGP Ingredients Inc (NASDAQ:MGPI) concerning whether certain statements by MGP Ingredients regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On October 21, 2016, there was a chemical spill at an MGP Ingredients facility in Atchison, Kansas, involving sulfuric acid and sodium hypochlorite. The spill generated a toxic chemical cloud that covered the area, prompting school evacuations. Shares of MGP Ingredients Inc (NASDAQ:MGPI) declined on October 31, 2016 to as low as $34.79 per share.
Those who purchased shares of MGP Ingredients 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