A Deadline is coming up on April 23, 2019 in the lawsuit for certain investors in Conagra Brands, Inc. (NYSE: CAG) and NYSE: CAG stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 04/22/2019 -- The Shareholders Foundation announced that a deadline is coming up on April 23, 2019 in the lawsuit filed for certain investors of Conagra Brands, Inc. (NYSE: CAG) over alleged securities laws violations by Conagra Brands, Inc.
Investors who purchased shares of Conagra Brands, Inc. (NYSE: CAG) have certain options and there are strict and short deadlines running. Deadline: April 23, 2019. NYSE: CAG stockholders should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The plaintiff alleges on behalf of purchasers of Conagra Brands, Inc. (NYSE: CAG) common shares between June 27, 2018 and December 19, 2018, inclusive (the "Class Period"), and/or purchased shares of Conagra's common stock pursuant and/or traceable to Conagra's secondary public offering commenced on or about October 9, 2018, that the defendants violated Federal Securities Laws.
More specifically, the plaintiff claims that the Defendants failed to disclose material information concerning Conagra's acquisition of Pinnacle Foods, Inc. including that Conagra Brands, Inc inadequately performed proper due diligence in connection with the acquisition of Pinnacle, that the performance of Pinnacle Foods' three leading brands was not deteriorating due to intensified competition, but to self-inflicted subpar innovation and executional missteps, that Pinnacle's business was performing so poorly that it had resorted to pushing promotional deals to retailers in an effort to boost sales, and that as a result of the foregoing, Defendant's public statements were materially false and/or misleading and/or lacked a reasonable basis when made.
Those who purchased shares of Conagra Brands, Inc. (NYSE: CAG) have certain options and should contact the Shareholders Foundation.
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About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.