SAN DIEGO--(BUSINESS WIRE)--The law firm of Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Hormel Foods Corporation (NYSE: HRL) focused on whether Hormel and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors (the “Hormel Investigation”).
If you have information that could assist in the Hormel Investigation or if you are a Hormel investor who suffered a loss and would like to learn more, you can provide your information here:
THE COMPANY: Hormel develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers.
THE REVELATION: On October 12, 2023, MarketWatch published an article entitled “Hormel’s stock drops 8% after workers ratify contracts with wage increases,” reporting that Hormel “was on track for its lowest close since March 23, 2018.”
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