ROSEN, NATIONAL TRIAL LAWYERS, Announces Investigation of Securities Claims Against Tyson Foods, Inc. - TSN

Rhea-AI Summary

Rosen Law Firm announces an investigation into potential securities claims for Tyson Foods (NYSE: TSN) due to allegations of materially misleading information regarding its COVID-19 response. The NYC Comptroller has called for an SEC investigation, linking Tyson's actions to serious health risks that impact its operations and shareholder value. Following this news, Tyson's stock dropped by $1.78, or 2.5%, closing at $68.25 on December 15, 2020. The firm is encouraging affected investors to register for a forthcoming lawsuit.

Positive

• None.

Negative

• Allegations of Tyson providing materially misleading information regarding its COVID-19 response.
• Call for an SEC investigation by the NYC Comptroller due to potential risks to shareholder value.
• Stock price fell $1.78 (2.5%) following the news, indicating negative market sentiment.

NEW YORK, Jan. 22, 2021 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Tyson Foods, Inc. (NYSE: TSN) resulting from allegations that Tyson may have issued materially misleading business information to the investing public.

On December 15, 2020, the New York City Comptroller ("NYC Comptroller") called on the Securities and Exchange Commission ("SEC") to open an investigation into Tyson for providing shareholders with "materially false or misleading information regarding Tyson's response to the global COVID-19 pandemic and the resulting risk factors." In a public statement, the NYC Comptroller stated, "There is human cost to Tyson's failures – preventable deaths, hospitalizations and sick workers. These failures have material impacts on its business operations that carry serious risks for shareholders."

On this news, Tyson's stock price fell $1.78 per share, or 2.5%, to close at $68.25 per share on December 15, 2020.

Rosen Law Firm is preparing a securities lawsuit on behalf of Tyson shareholders. If you purchased securities of Tyson please visit the firm's website at http://www.rosenlegal.com/cases-register-2022.html to join the securities action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm's attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40^th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      lrosen@rosenlegal.com
      pkim@rosenlegal.com
      cases@rosenlegal.com
      www.rosenlegal.com

View original content to download multimedia:http://www.prnewswire.com/news-releases/rosen-national-trial-lawyers-announces-investigation-of-securities-claims-against-tyson-foods-inc--tsn-301213516.html

SOURCE Rosen Law Firm, P.A.

FAQ

What allegations are being investigated against Tyson Foods (TSN)?

Rosen Law Firm is investigating allegations that Tyson Foods issued materially misleading information regarding its COVID-19 response, which could affect shareholder interests.

What impact did the investigation have on Tyson Foods' stock price?

On December 15, 2020, Tyson's stock price fell by $1.78, or 2.5%, closing at $68.25 following the news of the investigation.

Who is conducting the investigation into Tyson Foods (TSN)?

The investigation is being conducted by Rosen Law Firm on behalf of shareholders of Tyson Foods, prompted by allegations raised by the NYC Comptroller.