Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of MGP Ingredients Inc (NASDAQ: MGPI) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of MGP Ingredients Inc (NASDAQ: MGPI) concerning whether a series of statements by MGP Ingredients Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On January 17, 2020, the Company revealed that it expects to miss previously forecasted sales and earnings guidance. The Company’s CEO stated when referring to full-year results on last quarter’s conference call, “so we feel very good about that outlook. And that’s why we’re so confident in our ability to reconfirm our guidance.”

On this news, NASDAQ: MGPI fell over 27% in early morning trading.

Based in Atchison, Kansas, and founded in 1941 MGP Ingredients Inc produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients.

If you purchased shares of MGP Ingredients Inc (NASDAQ: MGPI) on or before January 17, 2020, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Materials are provided for informational purposes only and do not constitute legal advice. We are only licensed to practice law in Germany. We are neither licensed nor qualified to render advice on US Federal or State law.

Thieler Law Corp

2534 State Street - Suite 406,

San Diego, CA 92101

by

email: mail@thielerlaw.com 

or

telephone at +1 (619) 377 - 4324

or

visit our website http://www.thielerlaw.com/ 

or

Facsimile: +1 (619) 785 – 3185