Press release
Investigation announced for Investors in shares of Farmer Bros. Co. (NASDAQ: FARM)
An investigation for investors in Farmer Bros. Co. (NASDAQ: FARM) shares over potential securities laws violations by Farmer Bros.
Investors who purchased shares of Farmer Bros. Co. (NASDAQ: FARM), 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 Farmer Bros. Co. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Northlake, TX based Farmer Bros. Co. engages in the manufacture, wholesale, and distribution of coffee, tea, and culinary products in the United States. Farmer Bros. Co. reported that its Total Revenue declined from $595.94 million for the 12 months period that ended on June 30, 2019, to $501.32 million for the 12 months period that ended on June 30, 2020, and that its Net Loss over those respective time period declined from $73.59 million to $37.08 million.
Shares of Farmer Bros. Co. (NASDAQ: FARM) declined from $37.35 per share in April 2017 to $3.47 per share in October 2020.
Those who purchased shares of Farmer Bros. Co. (NASDAQ: FARM) 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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