Le Lézard
Classified in: Business
Subject: ATY

CONAGRA INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of ConAgra Brands, Inc. - CAG


NEW ORLEANS, April 12, 2024 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into ConAgra Brands, Inc. (NYSE: CAG).

In March 2023, a consumer class action lawsuit was filed against the Company alleging violations under Illinois, California, Virginia, and other states' consumer protection laws for providing false or misleading advertisements to consumers, specifically that, despite portraying itself as an eco-friendly and sustainable food manufacturer, the Company actually utilizes harmful fishing techniques that are detrimental to marine wildlife and the marine ecosystem. Recently, the court presiding over that case denied the Company's motion to dismiss in part, allowing the case to move forward. 

KSF's investigation is focusing on whether ConAgra's officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws. 

If you have information that would assist KSF in its investigation, or have been a long-term holder of ConAgra shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit us at https://www.ksfcounsel.com/cases/nyse-cag/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients ? including public institutional investors, hedge funds, money managers and retail investors ? in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana and New Jersey.

To learn more about KSF, you may visit ksfcounsel.com.

Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163

SOURCE Kahn Swick & Foti, LLC


These press releases may also interest you

at 20:00
WESTSHORE TERMINALS FILES 2024 FIRST QUARTER REPORT AND ANNOUNCES 2024 Q2 DIVIDEND
Westshore Terminals Investment Corporation (the "Corporation") announced today that it has filed its earnings report for the first quarter ended March 31, 2024 and related management's discussion and analysis with the Canadian security regulatory...

at 19:35
Galway Metals Announces Second Closing of Private Placement of Flow-Through Units
Galway Metals Inc. ("Galway" or the "Corporation") is pleased to announce that further to its press release dated April 25, 2024, it has closed the second and final tranche of its non-brokered private placement (the "Private Placement"). The second...

at 19:05
Vistra Set to Join S&P 500; Aaon to Join S&P MidCap 400; Marathon Digital Holdings to Join S&P SmallCap 600
S&P MidCap 400 constituent Vistra Corp. will replace Pioneer Natural Resources Co. in the S&P 500, S&P SmallCap 600 constituent Aaon Inc. (NASD: AAON) will replace Vistra in the S&P MidCap 400, and Marathon Digital Holdings Inc. (NASD: MARA) will...

at 19:00
VIZSLA SILVER PROVIDES FURTHER UPDATE ON ACQUISITION OF LARGE CLAIM PACKAGE ALONG HIGHLY PROSPECTIVE STRUCTURAL TREND, SOUTH OF PANUCO
Vizsla Silver Corp. ("Vizsla Silver" or the "Company") is pleased to announce that it has now issued 448,137 common shares (the "Consideration Shares") for the previously announced asset purchase agreement (the "Acquisition Agreement") dated March...

at 18:56
Frontenac Mortgage Investment Corporation Announces Filing of Amended and Restated Quarterly Financial Statements
Frontenac Mortgage Investment Corporation ("FMIC") announces that it has filed amended and restated interim unaudited financial statements and related management's discussion and analysis ("MD&A") for the quarters ended March 31, 2023, June 30, 2023...

at 18:16
CAPITAL COMMUNITY BANK ANNOUNCES THE ACQUISITION OF SECURITY HOME MORTGAGE
Capital Community Bank (CCBank), a leader in Utah community banking, is excited to announce the successful acquisition of Security Home Mortgage (SHM), a well-respected provider of home mortgage solutions since 1999. This landmark deal marks a...

More news about Business...


News published on and distributed by: