Kessler Topaz Meltzer & Check,

RADNOR, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating possible violations of the federal securities laws on behalf of MGP investors Ingredients, Inc. (NASDAQ: MGPI ) (“MGP Ingredients”).

On October 17, 2024, MGP Ingredients revised its full-year 2024 guidance and reported its preliminary financial results for the third quarter ended September 30, 2024. In the results, MGP Ingredients announced that the company expects decreases in revenue, adjusted net income, etc., and adjusted EBITDA compared to the third quarter of 2023 and that the company “now expects financial results to be below expectations during the quarter.” its second quarter conference call on August 1, 2024.”

On this news, the price of MGP shares decreased $19.71, or approximately 24.16%, from $81.57 per share on October 17, 2024 and closed at $61.86 on October 18, 2024 -dollars per share.

If you are an MGP Ingredients investor and would like to learn more about our research, please contact us CLICK HERE Complete our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or email info@ktmc.com. You can also click or paste the following link into your browser:

Kessler Topaz Meltzer & Check, LLP pursues class action lawsuits in state and federal courts nationwide involving securities fraud, breaches of fiduciary duties, and other violations of state and federal laws. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform and has recovered billions of dollars on behalf of institutional and retail investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (individuals who report fraudulent practices to the government and participate in the recovery of government funds). For more information about Kessler Topaz Meltzer & Check, LLP, visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com

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