Investigation for Investors over Possible Violations of Securities Laws by Sanderson Farms, Inc. (NASDAQ:SAFM) Announced

An investigation for investors in Sanderson Farms, Inc. (NASDAQ:SAFM) shares over potential securities laws violations by Sanderson Farms was announced and NASDAQ:SAFM stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 10/11/2016 --Sanderson Farms, Inc is under investigation concerning potential securities laws violations. The investigation was announced on behalf of investors in NASDAQ:SAFM shares in connection certain financial statements made by Sanderson Farms.

Investors who purchased shares of Sanderson Farms, Inc. (NASDAQ:SAFM), 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 whether a series of statements by Sanderson Farms regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On October 7, 2016, Pivotal Research downgraded the Company's peer, Tyson Foods, Inc. from "buy" to "sell," noting apprehensions about a "powerfully convincing" class action against Tyson Foods, Inc, Sanderson Farms, 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, Sanderson Farms, Inc, and several other companies conspired by sharing proprietary data and reducing production to support prices. Shares of Sanderson Farms, Inc. (NASDAQ:SAFM) declined on October 7, 2016 to as low as $86.75 per share.

On October 10, 2016, NASDAQ:SAFM shares closed at $93.94 per share

Those who purchased shares of Sanderson Farms, 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

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/731150