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Guo v. Tyson Foods, Inc. et al
Case Number:
1:21-cv-00552
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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June 02, 2023
Tyson Investors Who Claim $323.20 Loss Denied Class Lead
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."
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February 02, 2021
Tyson Hit With Investor Suit Over Lackluster Virus Response
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.