Lamb Weston Holdings, Inc.

Passed

Class Action Period:
July 25, 2023 - April 03, 2024

Lead Plaintiff Deadline:
August 12, 2024

Case Form

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First Name

Last Name

Phone

Street Address

City

State

Zip

Shares Purchased

Purchase Date

Estimated Loss

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Allegations

According to the filed complaint, defendants made false and/or misleading statements and/or failed to disclose that: In truth, defendants knew of, or recklessly disregarded, problems associated with the Enterprise Resource Planning (ERP) system that would hinder its successful implementation. Despite those issues, Lamb Weston pushed ahead with its implementation of an ERP system that was not ready to go live, knowing that a premature roll-out would have a material negative impact on the Company’s business and operations. As a result, the statements concerning its business, operations, and prospects, including its financial guidance for fiscal 2024, lacked a reasonable factual basis. In addition, to the extent the Company purported to warn of risks regarding the negative impacts from an unsuccessful implementation of the ERP system, defendants omitted that such risks had already begun to materialize.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of Lamb Weston purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Lamb Weston during the relevant time frame, you have until August 12, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.