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Stock impact report

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against MGP Ingredients Inc. (MGPI)

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 Law Offices of Frank R. Cruz reminds investors of the upcoming April 28, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of MGP Ingredients, Inc. ("MGP" or the "Company") (NASDAQ: MGPI) investors who purchased securities between February 27, 2019 and February 25, 2020, inclusive (the “Class Period”).If you are a shareholder who suffered a loss, click here to participate.On January 17, 2020, MGP pre-announced its preliminary financial results for fiscal year 2019 that fell significantly below its guidance. The Company reported that net sales declined 4% year-over-year, rather than mid-single digit growth, and that operating income declined 9% year-over-year, rather than the 10%-20% growth represented to investors.On this news, MGP's stock price fell $14.60 per share, or over 27%, to close at $38.18 per share on January 17, 2020, thereby injuring investors.Then, on February 26, 2020, MGP announced its finalized fina Show less Read more
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