Gainey McKenna & Egleston Files Class Action Lawsuit
Gainey McKenna & Egleston recently reported on a class action lawsuit against MGP Ingredients, Inc. (MGPI). The lawsuit alleges that the company made false and misleading statements to investors, resulting in financial harm.
The lawsuit claims that MGP Ingredients failed to disclose a host of issues that were impacting its business and financial performance. This allegedly included problems with the company’s production facilities, resulting in decreased production levels and increased costs. These issues were said to have a significant negative impact on the company’s financial results.
Investors who suffered losses as a result of investing in MGP Ingredients may be eligible to participate in the class action lawsuit. It is important for investors to be aware of their rights and options in such situations.
It is always recommended to seek guidance from a legal professional if you believe you have been affected by fraudulent practices in the securities market. It is crucial to protect your investments and hold companies accountable for their actions.