Press release
Investigation announced for Investors in shares of Landec Corporation (NASDAQ: LNDC)
An investigation for investors in Landec Corporation (NASDAQ: LNDC) shares over potential securities laws violations by Landec.
Investors who purchased shares of Landec Corporation (NASDAQ: LNDC), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Landec Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Santa Clara, CA based Landec Corporation, together with its subsidiaries, designs, develops, manufactures, and sells differentiated health and wellness products for food and biomaterials markets. On January 2, 2020, Landec Corporation disclosed investigations by the U.S. Securities & Exchange Commission and Department of Justice regarding "potential environmental and Foreign Corrupt Practices Act ('FCPA') compliance matters associated with regulatory permitting" at a manufacturing plant in Mexico owned by Yucatan Foods, which Landec acquired in December 2018.
Those who purchased shares of Landec Corporation (NASDAQ: LNDC) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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