LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Sanderson Farms, Inc. (“Sanderson Farms” or the “Company”) (Nasdaq: SAFM) concerning possible violations of federal securities laws.
To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at brian@lundinlawpc.com.
The investigation concerns whether Sanderson Farms and certain of its officers and/or directors violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. On October 7, 2016, Pivotal Research downgraded its peer company Tyson Foods, Inc. from “buy” to “sell,” due to fears of a class action against Tyson Foods, Sanderson Farms and other peers over price collusion in the broiler-chicken market. Allegedly, in 2008, Tyson Foods, Sanderson Farms, and several other companies conspired by sharing proprietary data and reducing production to support prices.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
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