Lamb Weston Holdings, Inc. (LW) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights
NEW YORK, NY / ACCESSWIRE / April 19, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Lamb Weston Holdings, Inc. ("Lamb Weston Holdings") (NYSE:LW) concerning possible violations of federal securities laws.
Lamb Weston announced on April 4, 2024, its results for the third quarter of fiscal 2024. The Company missed analyst earnings projections; The Company reported that an implementation of a new ERP system brought about a temporary decrease in the visibility of finished goods inventories housed at their distribution centers. This significantly hampered capacity to fulfill customer orders in a timely and efficient manner. As a direct consequence of the disruption, the Company experienced a substantial decline in sales volume as well as margin performance. Following this news, Lamb Weston stock dropped over 7%. To obtain additional information, go to:
https://zlk.com/pslra-1/lamb-weston-holdings-lawsuit-submission-form?prid=76316&wire=1
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY:Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services ' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE:Levi & Korsinsky, LLP
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