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Stock impact report

DEADLINE TUESDAY: The Schall Law Firm Announces it is Investigating Claims Against MGP Ingredients, Inc. and Encourages Investors with Losses to Contact the Firm

MGP Ingredients, Inc. (MGPI) 
Last mgp ingredients, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.mgpingredients.com
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of MGP Ingredients, Inc. (“MGP” or “the Company”) (NASDAQ: MGPI) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. MGP failed to achieve any significant level of sales with its four-year-old aged-whiskey product. The Company proved unable to sell its inventory at the prices presented to the investing public. Shifts in consumer behavior and a wide variety of competition lowered the value of the Company’s inventory and damaged its ability to sell its product on favorable terms. Due to these factors, the Company’s 2019 financial forecast was misleading and without basis. Based on these facts, the Company’s public statements were false and materially misleading. When the market learned Show less Read more
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