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Lost Money on Lamb Weston Holdings, Inc. (LW)? You May Have Been Affected by Fraud - Contact Levi & Korsinsky

Monday, 13 May 2024 07:20 AM

Levi & Korsinsky, LLP

NEW YORK, NY / ACCESSWIRE / May 13, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Lamb Weston Holdings, Inc. ("Lamb Weston Holdings") (NYSE:LW) concerning possible violations of federal securities laws.

Lamb Weston announced on April 4, 2024, its results for the third quarter of fiscal 2024. The Company missed analyst earnings projections; The Company reported that an implementation of a new ERP system brought about a temporary decrease in the visibility of finished goods inventories housed at their distribution centers. This significantly hampered capacity to fulfill customer orders in a timely and efficient manner. As a direct consequence of the disruption, the Company experienced a substantial decline in sales volume as well as margin performance. Following this news, Lamb Weston stock dropped over 7%. To obtain additional information, go to:

or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171

SOURCE: Levi & Korsinsky, LLP

Class Action
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