Important Information for MGP Ingredients, Inc. (MGPI) Investors: Rosen Law Firm Announces Class Action Lawsuit and Lead Plaintiff Deadline
NEW YORK, Feb. 04, 2025 – Rosen Law Firm, a global investor rights law firm, reminds purchasers of MGP Ingredients, Inc. (MGPI) common stock between May 4, 2023, and October 30, 2024 (the “Class Period”), of the important February 14, 2025 lead plaintiff deadline. The lawsuit alleges that MGP Ingredients, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing operational issues at its Atchison, Kansas facility, which was negatively impacting production volumes and quality; (2) these operational issues were likely to have a material impact on the Company’s financial results; and (3) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were misleading and/or lacked a reasonable basis.
Impact on Individual Investors
If you purchased MGP Ingredients, Inc. common stock during the Class Period, you may be entitled to compensation without having to file an individual lawsuit. The lead plaintiff deadline in this action is February 14, 2025. If you wish to serve as lead plaintiff, you must move the Court no later than February 14, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Impact on the World
The securities class action against MGP Ingredients, Inc. is significant as it highlights the importance of transparency and accuracy in corporate disclosures. This case serves as a reminder that companies must provide timely and complete information to investors regarding any issues that could materially impact their financial results. The outcome of this lawsuit could potentially lead to increased scrutiny and regulation of corporate disclosures, as well as potential damages for affected investors.
Conclusion
Rosen Law Firm encourages investors who purchased MGP Ingredients, Inc. common stock during the Class Period to contact the firm before the lead plaintiff deadline in order to discuss their potential role in this litigation. The firm represents investors worldwide, and it has a proven track record of securing significant recoveries for investors. For more information, please visit
About Rosen Law Firm, P.A.
Rosen Law Firm, P.A. is a leading global investor rights law firm committed to securing the maximum compensation for investors under the securities laws. The firm represents investors throughout the world, focusing its practice on securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked in the Top 3 of 625 Law Firms in the 2020 VerdictList Securities Class Action Settlements & Verdicts Ranking with more than $500 million in recoveries.
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- Phone: 415-462-3330
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