INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Tyson Foods, Inc. (TSN) on Behalf of Investors
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Tyson Foods, Inc. (TSN) on Behalf of Investors
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Tyson Foods, Inc. (“Tyson” or the “Company”) (NYSE: TSN) investors concerning the Company’s possible violations of federal securities laws.
On December 15, 2020, the New York City Comptroller, Scott M. Stringer, issued a letter to the U.S. Securities and Exchange Commission (“SEC”) calling for an investigation into Tyson’s failures to carry out its stated coronavirus protection policies. The letter stated that Tyson’s steps “to protect employees were grudging and minimal, such as letting workers use bandanas or sleep masks.” The Company also “penaliz[ed] workers who take sick leave to avoid contact with any exposed workers” and, “as of December 3, 2020, Tyson ha[d] the highest number of COVID-19 cases of any company in the meatpacking industry [and] twice as many deaths as any other meatpacking company.”
On this news, the Company’s stock price fell $1.78 per share, or 2.5%, to close at $68.25 per share on December 15, 2020, thereby damaging investors.
If you purchased Tyson securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com