June 02, 2023
A New York federal judge refused to reverse a magistrate order denying two Tyson Foods Inc. investors' request to be appointed lead plaintiffs in a proposed class action claiming shareholder damages from Tyson's COVID-19 response, holding that the claimed damages are insufficient to suggest they would "pursue the class claims vigorously."
February 02, 2021
Tyson Foods Inc. failed to protect its meat plant workers from the COVID-19 pandemic and then lied to investors about its bungled response, which ultimately led to complete shutdowns of some facilities and significantly lowered production, a shareholder told a New York federal court Tuesday.