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Stock impact report

INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against MGP Ingredients, Inc. and Encourages Investors to Contact the Firm Before April 28

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: GlobeNewswire
NEW YORK, April 10, 2020 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the District of Kansas on behalf of those who acquired MGP Ingredients, Inc. (“MGP” or the “Company”) (NASDAQ: MGPI) securities during the period from February 27, 2019 through February 25, 2020. Investors have until April 28, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The lawsuit alleges that the Company failed to disclose that: (i) MGP had not completed any significant sales of its aged whiskey inventory; (ii) the Company had been unable to sell its aged whiskey at the price premium represented to investors; (iii) a glut of aged whiskey inventory and shifts in consumer behavior had lowered the value of the Company’s aged whiskey inventory and materially impaired its ability to negotiate significant sales on favorable contract terms; and (iv) as a consequence, MGP’s full-year 2019 fina Show less Read more
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