{"id":801405,"date":"2025-01-16T05:50:55","date_gmt":"2025-01-16T10:50:55","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\/"},"modified":"2025-01-16T05:50:55","modified_gmt":"2025-01-16T10:50:55","slug":"the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\/","title":{"rendered":"The Gross Law Firm Notifies Shareholders of MGP Ingredients, Inc.(MGPI) of a Class Action Lawsuit and an Upcoming Deadline"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Jan. 16, 2025<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0The Gross Law Firm issues the following notice to shareholders of\u00a0<b>MGP Ingredients, Inc. (NASDAQ: MGPI).<\/b><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.jpg\" title=\"The Gross Law Firm (PRNewsfoto\/The Gross Law Firm)\" alt=\"The Gross Law Firm (PRNewsfoto\/The Gross Law Firm)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Shareholders who purchased shares of MGPI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.<\/p>\n<p class=\"prntac\">CONTACT US HERE:<\/p>\n<p class=\"prntac\">\n        <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4341879-4&amp;h=2693003001&amp;u=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fmgp-ingredients-inc-loss-submission-form-2%2F%3Fid%3D123050%26from%3D4&amp;a=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fmgp-ingredients-inc-loss-submission-form-2%2F%3Fid%3D123050%26from%3D4\" target=\"_blank\" rel=\"nofollow\">https:\/\/securitiesclasslaw.com\/securities\/mgp-ingredients-inc-loss-submission-form-2\/?id=123050&amp;from=4<\/a>\u00a0<\/p>\n<p>\n        <b>CLASS PERIOD: <\/b><br \/>\n        <span class=\"xn-chron\">May 4, 2023<\/span> to <span class=\"xn-chron\">October 30, 2024<\/span><\/p>\n<p>\n        <b>ALLEGATIONS: <\/b>According to the filed complaint, throughout the class period, defendants made materially false and\/or misleading statements, and failed to disclose material adverse facts about MGPI&#8217;s business, operations, and prospects. Specifically, defendants repeatedly touted a strong demand and &#8220;normal&#8221; inventory levels in brown goods (i.e., American whiskies and tequila), when in fact there had been a slowdown in consumption and oversupply in their products. Worse, defendants had assured investors that they were positioned differently than their competitors, and that this was a non-issue, because MGPI had already taken steps to mitigate the risk, when in fact it had not.<\/p>\n<p>\n        <b>DEADLINE: <span class=\"xn-chron\">February 14, 2025<\/span><\/b> Shareholders should not delay in registering for this class action. Register your information here: <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4341879-4&amp;h=2693003001&amp;u=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fmgp-ingredients-inc-loss-submission-form-2%2F%3Fid%3D123050%26from%3D4&amp;a=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fmgp-ingredients-inc-loss-submission-form-2%2F%3Fid%3D123050%26from%3D4\" target=\"_blank\" rel=\"nofollow\">https:\/\/securitiesclasslaw.com\/securities\/mgp-ingredients-inc-loss-submission-form-2\/?id=123050&amp;from=4<\/a>\u00a0<\/p>\n<p>\n        <b>NEXT STEPS FOR SHAREHOLDERS: <\/b>Once you register as a shareholder who purchased shares of MGPI during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is <span class=\"xn-chron\">February 14, 2025<\/span>. There is no cost or obligation to you to participate in this case.<\/p>\n<p>\n        <b>WHY GROSS LAW FIRM? <\/b>The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, <span>fraud<\/span>, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and\/or misleading statements or the omission of material information by a company lead to artificial inflation of the company&#8217;s stock. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>\n        <b>CONTACT:<\/b><br \/>\n        <br \/>The Gross Law Firm<br \/>15 West 38th Street, 12th floor<br \/><span class=\"xn-location\">New York, NY<\/span>, 10018<br \/>Email: <a href=\"mailto:dg@securitiesclasslaw.com\" target=\"_blank\" rel=\"nofollow\">dg@securitiesclasslaw.com<\/a>\u00a0<br \/>Phone: (646) 453-8903<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY97625&amp;sd=2025-01-16\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-incmgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline-302352534.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-incmgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline-302352534.html<\/a><\/p>\n<p>SOURCE  The Gross Law Firm<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY97625&amp;Transmission_Id=202501160545PR_NEWS_USPR_____NY97625&amp;DateId=20250116\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , Jan. 16, 2025 \/PRNewswire\/ &#8212;\u00a0The Gross Law Firm issues the following notice to shareholders of\u00a0MGP Ingredients, Inc. (NASDAQ: MGPI). Shareholders who purchased shares of MGPI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/mgp-ingredients-inc-loss-submission-form-2\/?id=123050&amp;from=4\u00a0 CLASS PERIOD: May 4, 2023 to October 30, 2024 ALLEGATIONS: According to the filed complaint, throughout the class period, defendants made materially false and\/or misleading statements, and failed to disclose material adverse facts about MGPI&#8217;s business, operations, and prospects. Specifically, defendants repeatedly touted a strong demand and &#8220;normal&#8221; inventory levels in brown goods (i.e., American whiskies and tequila), &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Gross Law Firm Notifies Shareholders of MGP Ingredients, Inc.(MGPI) of a Class Action Lawsuit and an Upcoming Deadline&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-801405","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Gross Law Firm Notifies Shareholders of MGP Ingredients, Inc.(MGPI) of a Class Action Lawsuit and an Upcoming Deadline - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Gross Law Firm Notifies Shareholders of MGP Ingredients, Inc.(MGPI) of a Class Action Lawsuit and an Upcoming Deadline - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , Jan. 16, 2025 \/PRNewswire\/ &#8212;\u00a0The Gross Law Firm issues the following notice to shareholders of\u00a0MGP Ingredients, Inc. (NASDAQ: MGPI). Shareholders who purchased shares of MGPI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/mgp-ingredients-inc-loss-submission-form-2\/?id=123050&amp;from=4\u00a0 CLASS PERIOD: May 4, 2023 to October 30, 2024 ALLEGATIONS: According to the filed complaint, throughout the class period, defendants made materially false and\/or misleading statements, and failed to disclose material adverse facts about MGPI&#8217;s business, operations, and prospects. Specifically, defendants repeatedly touted a strong demand and &#8220;normal&#8221; inventory levels in brown goods (i.e., American whiskies and tequila), &hellip; Continue reading &quot;The Gross Law Firm Notifies Shareholders of MGP Ingredients, Inc.(MGPI) of a Class Action Lawsuit and an Upcoming Deadline&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-16T10:50:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"The Gross Law Firm Notifies Shareholders of MGP Ingredients, Inc.(MGPI) of a Class Action Lawsuit and an Upcoming Deadline\",\"datePublished\":\"2025-01-16T10:50:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\\\/\"},\"wordCount\":424,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/2280333\\\/The_Gross_Law_Firm_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\\\/\",\"name\":\"The Gross Law Firm Notifies Shareholders of MGP Ingredients, Inc.(MGPI) of a Class Action Lawsuit and an Upcoming Deadline - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\/","og_locale":"en_US","og_type":"article","og_title":"The Gross Law Firm Notifies Shareholders of MGP Ingredients, Inc.(MGPI) of a Class Action Lawsuit and an Upcoming Deadline - Market Newsdesk","og_description":"PR Newswire NEW YORK , Jan. 16, 2025 \/PRNewswire\/ &#8212;\u00a0The Gross Law Firm issues the following notice to shareholders of\u00a0MGP Ingredients, Inc. (NASDAQ: MGPI). Shareholders who purchased shares of MGPI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/mgp-ingredients-inc-loss-submission-form-2\/?id=123050&amp;from=4\u00a0 CLASS PERIOD: May 4, 2023 to October 30, 2024 ALLEGATIONS: According to the filed complaint, throughout the class period, defendants made materially false and\/or misleading statements, and failed to disclose material adverse facts about MGPI&#8217;s business, operations, and prospects. Specifically, defendants repeatedly touted a strong demand and &#8220;normal&#8221; inventory levels in brown goods (i.e., American whiskies and tequila), &hellip; Continue reading \"The Gross Law Firm Notifies Shareholders of MGP Ingredients, Inc.(MGPI) of a Class Action Lawsuit and an Upcoming Deadline\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\/","og_site_name":"Market Newsdesk","article_published_time":"2025-01-16T10:50:55+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"The Gross Law Firm Notifies Shareholders of MGP Ingredients, Inc.(MGPI) of a Class Action Lawsuit and an Upcoming Deadline","datePublished":"2025-01-16T10:50:55+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\/"},"wordCount":424,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-shareholders-of-mgp-ingredients-inc-mgpi-of-a-class-action-lawsuit-and-an-upcoming-deadline\/","name":"The Gross Law Firm Notifies Shareholders of MGP Ingredients, Inc.(MGPI) of a Class Action Lawsuit and an Upcoming Deadline - 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