Notice of Class Action for MGP Ingredients, Inc. Investors: Fraud Class Action Lawsuit Filed Against MGP Ingredients, Inc.



RADNOR, PA – (NewMediaWire) – December 28, 2024 – The law firm of Kessler Topaz Meltzer & Khangela, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed Ingredients of MGP Inc. (NASDAQ:) (NASDAQ: MGPI) on behalf of those who purchased or otherwise acquired MGPI common stock between May 4, 2023, and October 30, 2024, inclusive (Class Period). The applicant's deadline is February 14, 2025.

CONTACT KESSLER TOPAZ MELTZER & HOLLA, LLP:

If you have lost MGPI, you can click HERE or copy and paste this link into your browser: https://www.ktmc.com/new-cases/mgp-ingredients-inc?utm_source=PR&utm_medium=link&utm_campaign=mgpi&mktm=r

You can contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or emailing info@ktmc.com.

PLAINTIFFS NOT REPRESENTED:

The Complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose incorrect facts about the company's business, operations, and prospects. In particular, the Defendants failed to disclose to investors that: (1) there had been a slowdown in the use and transfer of their products; and (2) as a result, Defendants' positive statements about the company's business, operations, and prospects were misleading and/or unsubstantiated at all relevant times.

LEAD COMPLAINT PROCEDURE:

MGPI investors may, no later than February 14, 2025, seek to be appointed as lead class plaintiff counsel by Kessler Topaz Meltzer & Check, LLP or other counsel, or they may choose to do nothing and remain a non-class member. The lead plaintiff is the representative party acting on behalf of all class members in the management of the lawsuit. The lead plaintiff is usually an investor or a small group of investors who have a substantial financial interest and who are sufficient and similar to the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision whether or not to act as the lead plaintiff.

Kessler Topaz Meltzer & Khangela, LLP encourages MGPI investors who have experienced significant losses to contact the firm directly for more information.

CLICK HERE TO REGISTER A CASE OR GO TO: https://www.ktmc.com/new-cases/mgp-ingredients-inc?utm_source=PR&utm_medium=link&utm_campaign=mgpi&mktm=r

ABOUT KESSLER TOPAZ MELTZER & HOLLA, LLP:

Kessler Topaz Meltzer & Khangela, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars from victims of fraud and other corporate misconduct. All of our work is driven by the same goal: to protect investors, customers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The appeal in this action was not filed by Kessler Topaz Meltzer & Khangela, LLP. For more information about Kessler Topaz Meltzer & Khangela, LLP please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Search, LLP

Jonathan Naji, Esq.

(484) 270-1453

280 King of Prussia Road

Radnor, PA 19087

info@ktmc.com

It may be considered a marketing attorney in certain areas. Past results do not guarantee future results.

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