CLASS ACTION UPDATE for BYND, MGPI and TLRY: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / March 20, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

BYND Shareholders Click Here: https://www.zlk.com/pslra-1/beyond-meat-inc-loss-form?prid=5765&wire=1
MGPI Shareholders Click Here: https://www.zlk.com/pslra-1/mgp-ingredients-inc-loss-form?prid=5765&wire=1
TLRY Shareholders Click Here: https://www.zlk.com/pslra-1/tilray-inc-loss-form?prid=5765&wire=1

* ADDITIONAL INFORMATION BELOW *

Beyond Meat, Inc. (NASDAQ:BYND)

BYND Lawsuit on behalf of: investors who purchased May 2, 2019 - January 27, 2020
Lead Plaintiff Deadline: March 30, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/beyond-meat-inc-loss-form?prid=5765&wire=1

According to the filed complaint, during the class period, Beyond Meat, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Beyond Meat's termination of its supply agreement with Don Lee constituted a breach of that agreement, thus exposing the Company to foreseeable legal liability and reputational harm; (ii) Beyond Meat and certain of its employees had doctored and omitted material information from a food safety consultant's report, which the Company represented as accurate to Don Lee; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

MGP Ingredients, Inc. (NASDAQ:MGPI)

MGPI Lawsuit on behalf of: investors who purchased February 27, 2019 - February 25, 2020
Lead Plaintiff Deadline: April 28, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/mgp-ingredients-inc-loss-form?prid=5765&wire=1

According to the filed complaint, during the class period, MGP Ingredients, Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) MGP had not completed any significant sales of its four-year-old aged whiskey inventory; (b) the Company had been unable to sell its aged whiskey at the price premium represented to investors; (c) a glut of aged whiskey inventory and shifts in consumer behavior had lowered the value of the Company's aged whiskey inventory and materially impaired its ability to negotiate significant sales on favorable contract terms; and (d) in light of the foregoing, the Company's FY19 financial forecast lacked a reasonable basis and was materially misleading.

Tilray, Inc. (NASDAQ:TLRY)

TLRY Lawsuit on behalf of: investors who purchased January 15, 2019 - March 2, 2020
Lead Plaintiff Deadline: May 5, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/tilray-inc-loss-form?prid=5765&wire=1

According to the filed complaint, during the class period, Tilray, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the purported advantages of the marketing and revenue sharing agreement with Authentic Brands Group (the "ABG Agreement")were significantly overstated; (ii) the under performance of the ABG Agreement would foreseeably have a significant impact on the Company's financial results; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington, D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP