EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Conagra Brands,
Inc. – CAG
Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the
securities of Conagra Brands, Inc. (NYSE: CAG) from June 27, 2018 through December 19, 2018, inclusive (the “Class Period”), and/or
traceable to ConAgra’s secondary public offering commenced on or around October 9, 2018 (the “SPO”). The lawsuit seeks to recover
damages for Conagra investors under the federal securities laws.
To join the Conagra class action, go to
https://www.rosenlegal.com/cases-register-1535.html or call Phillip Kim, Esq. or Zachary Halper, Esq. toll-free at 866-767-3653
or email pkim@rosenlegal.com or zhalper@rosenlegal.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN
INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.
According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose material information
concerning ConAgra’s acquisition of Pinnacle Foods, Inc. (“Pinnacle”), including that: (1) Conagra inadequately performed proper
due diligence in connection with the Pinnacle acquisition; (2) the performance of Pinnacle’s three leading brands was not
deteriorating due to intensified competition, but due to self-inflicted subpar innovation and executional missteps; (3) Pinnacle’s
business was performing so poorly that it had resorted to pushing promotional deals to retailers in an effort to boost sales; and
(4) as a result, defendant’s public statements were materially false and/or misleading and/or lacked a reasonable basis when made.
When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than
April 23, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If
you wish to join the litigation, go to
https://www.rosenlegal.com/cases-register-1535.html or to discuss your rights or interests regarding this class action, please
contact Phillip Kim, Esq. or Zachary Halper, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or zhalper@rosenlegal.com.
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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.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Zachary Halper, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
zhalper@rosenlegal.com
www.rosenlegal.com
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