X

Investor Alert: Deadline upcoming in $7Million Settlement in AgFeed Industries Inc (NASDAQ: FEED) Securities Lawsuit

The Shareholders Foundation announces that a deadline is coming up on December 31, 2014 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of AgFeed Industries Inc (NASDAQ: FEED) between March 16, and September 29, 2011.

Investors who purchased a significant amount of shares of AgFeed Industries Inc (NASDAQ: FEED) between March 16, and September 29, 2011, have certain options and should contact the Shareholders Foundation by email at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

The settlement proof of claim form or detailed settlement notice for the settlement in the AgFeed Industries Inc (NASDAQ: FEED) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/agfeed-industries-inc-investor-securities-class-action-lawsuit-10182011

In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is December 31, 2014. The class action administrator for this case is Epiq Systems Inc.

The lawsuit was originally filed in in the U.S. District Court for the Middle District of Tennessee against of AgFeed Industries Inc over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between March 16, 2009 and August 2, 2011. According to the complaint the plaintiff alleges on behalf of all persons or entities who purchased or otherwise acquired the securities of AgFeed Industries Inc (NASDAQ: FEED) on the NASDAQ between March 16, 2009 and August 2, 2011, that AgFeed Industries Inc and certain its officers violated the Securities Exchange Act of 1934 by issuing a series of allegedly materially false and misleading statements to investors about its financial health that were designed to deceive the market and cause shares of AgFeed Industries Inc to trade at artificially high prices.

Those who purchased shares of AgFeed Industries Inc (NASDAQ: FEED) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739

John:
Related Post