Security Investigation

Lamb Weston Holdings, Inc. (NYSE: LW)

25 Days left to seek lead plaintiff status.

Company Name:Lamb Weston Holdings, Inc.
Stock Symbol:NYSE: LW
Court:District of Idaho
Class Period Start:07/25/2023
Class Period End (inclusive):04/03/2024
Filing Deadline:08/12/2024

Contact a Lawyer Now

(877) 515-1850

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 12, 2024 to file lead plaintiff applications in a securities class action lawsuit against Lamb Weston Holdings, Inc. (NYSE: LW).

Lamb Weston and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

On April 4, 2024, the Company disclosed that it had experienced significant problems with its transition to a new Enterprise Resource Planning (“ERP”) software system, which caused the Company to lose $135 million in sales during the third quarter of fiscal 2024 and necessitated a $330 million reduction to its sales guidance for the full fiscal year.

On this news, the price of Lamb Weston’s shares fell by $19.59 per share, or over 19%.

If you purchased shares of Lamb Weston and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or fill out the form on this page.

The case is Cleveland Bakers and Teamsters Pension Fund v. Lamb Weston Holdings, Inc., No. 24-cv-282.

Click here to read the first filed complaint.