Levi & Korsinsky, LLP announces the commencement of a class action lawsuit in the USDC for the Central District of California on behalf of shareholders of Tyson Foods, Inc. (NYSE: TSN) who purchased shares between November 23, 2015 and November 18, 2016.
The complaint alleges that defendants failed to disclose during the Class Period that Tyson systematically colluded with several of its industry peers to fix prices in the broiler-chicken market, which constituted a violation of federal antitrust laws, and the Company’s segment revenues were the result of illegal conduct. On September 2, 2016, an antitrust class action complaint was filed by Maplevale Farms, Inc. alleging that Tyson and other companies conspired to manipulate prices.
If you suffered a loss in Tyson Foods, you have until December 16, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
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