Case Page

 

Case Status:    ONGOING    
On or around 10/19/2016 (Ongoing date of last review)

Filing Date: October 17, 2016

According to the law firm press release, the lawsuit alleges throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that Tyson Foods had conspired to fix chicken prices. The lawsuit alleges that, as a result, defendants’ statements were materially false and misleading at all relevant times. On September 2, 2016, certain media outlets reported the filing of an antitrust lawsuit against Tyson Foods asserting that it conspired to manipulate the price of broiler-chickens. On October 7, 2016, Pivotal Research reduced its price target and rating for Tyson Foods due to the allegations of the previously reported antitrust lawsuit. The lawsuit claims that investors suffered damages when these details entered the market.

COMPANY INFORMATION:

Sector: Consumer Non-Cyclical
Industry: Food Processing
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: TSN
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: C.D. California
DOCKET #: 16-CV-07709
JUDGE: Hon. Terry J. Hatter, Jr
DATE FILED: 10/17/2016
CLASS PERIOD START: 11/23/2015
CLASS PERIOD END: 10/07/2016
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Rosen Law Firm, P.A. (New Los Angeles)
    355 South Grand Ave, Suite 2450, The Rosen Law Firm, P.A. (New Los Angeles), CA 90071
    (213) 785-2610 (213) 226-4684 ·
No Document Title Filing Date