NEW YORK, March 04, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Sanderson Farms, Inc. (“Sanderson Farms” or the “Company”) ( SAFM). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether Sanderson Farms and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On March 4, 2022, the Wall Street Journal published an article entitled “Chicken Companies Were Asked About Sharing of Employment Practices,” reporting that the U.S. Department of Justice (“DOJ”) has started a civil antitrust probe to determine “whether poultry companies have engaged in anticompetitive practices that held down plant workers’ wages, according to people familiar with the matter.” The article named Sanderson Farms as one of the poultry processors implicated in the DOJ’s investigation. On this news, Sanderson Farms’ stock price fell sharply during intraday trading on March 4, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
