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New York, New York–(Newsfile Corp. – December 24, 2024) – The Rosen Law Firm, a global investor rights law firm, announces the filing of a high-profile lawsuit on behalf of consumers all of the same property. MGP tools Inc. (NASDAQ: NASDAQ: ) between May 4, 2023 and October 30, 2024. A class action lawsuit has been filed. If you wish to act as the lead plaintiff, you must move the Court before February 14, 2025.
Now: If you purchased MGPI common stock during the Group period you may be entitled to receive compensation without payment of out-of-pocket costs or expenses through the contingency fee arrangement.
What to do next: To join the MGPI class action, go to https://rosenlegal.com/submit-form/?case_id=9167 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about a class action. A class action lawsuit has been filed. If you wish to serve as the lead plaintiff, you must move the Court before February 14, 2025. The lead plaintiff is the representative who represents the other members of the class to conduct the case.
Why Rosen Law: We encourage investors to select qualified advisors with a track record of success in leadership roles. Oftentimes, the companies that issue the notices don’t have the experience, the resources, or any meaningful peer recognition. Be smart when choosing advice. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder litigation. The Rosen Law Firm achieved the largest defense settlement against a Chinese Company at that time. Rosen Law Firm is ranked No. 1 by ISS Securities Group Action (WA:) Securities ranking services in 2017. The firm has been ranked 4th every year since 2013 and has earned hundreds of millions of dollars for investors. In 2019 alone, the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by Law360 as a Titan of Plaintiffs’ Bar. Most of the firm’s lawyers are recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, the defendants throughout the Class Period made false and/or misleading statements, and failed to disclose material facts about MGPI’s business, operations and prospects. In particular, defendants recounted strong demand and “normal” levels of brown goods (ie, American whiskeys and tequila), when in fact there was a decline in consumption and more of their products. Worse, the defendants had assured investors that they were positioned differently than their competitors, and that this did not matter, because MGPI had already taken steps to mitigate the risk, when in fact it was not. When the real facts entered the market, the lawsuit alleges that investors were harmed.
To join the MGPI class action, go to https://rosenlegal.com/submit-form/?case_id=9167 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about a class action.
No Group Guaranteed. Until the group is confirmed, you are not represented by a counselor unless you have reserved one. You can choose a consultant of your choice. You may remain a member of the missing group and do nothing at this point. The investor’s ability to contribute to future recovery does not depend on serving as the lead plaintiff.
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Advertising Attorney. Preliminary results do not guarantee a similar outcome.
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To view the source version of this release, please visit https://www.newsfilecorp.com/release/235087
