MGPI ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by MGP Ingredients, Inc.
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Levi & Korsinsky has initiated an investigation into MGP Ingredients, Inc. for potential securities fraud violations. The company recently revised its 2024 guidance and reported expected declines in sales, net income, and EBITDA for Q3 2024.
November 05, 2024 | 3:45 pm
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MGP Ingredients is under investigation for potential securities fraud. The company has revised its 2024 guidance and expects declines in key financial metrics for Q3 2024.
The investigation into potential securities fraud and the company's revised guidance indicating financial declines are likely to negatively impact investor sentiment and the stock price in the short term.
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