Investors Target MGP Ingredients in Class Action Lawsuit Over Alleged Securities Fraud

NEW YORK CITY, New York — Bronstein, Gewirtz & Grossman, LLC, a prominent national law firm known for its aggressive representation in securities fraud and shareholder litigation, has announced the filing of a class action lawsuit against MGP Ingredients, Inc. and several of its top executives. The lawsuit pertains to alleged violations of federal securities laws and aims to recover damages for all entities and individuals who acquired securities in MGP Ingredients from May 4, 2023, to October 30, 2024. According to the legal complaint, MGP Ingredients and its officers are accused of providing the … Read more

MGPI Investors Invited to Lead Charge in MGP Ingredients, Inc. Securities Fraud Legal Battle

ATCHISON, Kan. — Investors in MGP Ingredients, Inc., a prominent supplier of distilled spirits and specialty wheat proteins and starches, may have the opportunity to lead a securities fraud lawsuit against the company. This legal action arises from allegations that the company may have issued materially misleading business information to the investing public. The lawsuit addresses specific periods during which company statements are suspected of having potentially inflated the company’s stock artificially. At the heart of the case lies the question of whether MGP Ingredients failed in their duty to accurately disclose operational and financial … Read more

Investors Hit with Losses Sue MGP Ingredients, Inc. Over Alleged Misleading Statements

RADNOR, Pa. — Investors who have experienced significant losses with MGP Ingredients, Inc., a publicly traded company, now have an opportunity to participate in a class action lawsuit. The lawsuit was initiated by Kessler Topaz Meltzer & Check, LLP, which alleges that the company misled its investors about its financial position and market dynamics. The lawsuit claims that between May 4, 2023, and October 30, 2024, MGP Ingredients made false and misleading statements about its business operations and prospects. Particularly, the lawsuit highlights that the company didn’t disclose the challenges of decreased consumption and oversupply … Read more