Monsanto Company (MON) Stock Purchasers File Securities Fraud Class Action Lawsuit Complaint Against Monsanto Company Over Alleged Representations About Monsanto’s Herbicide Products.
A securities fraud class action lawsuit has been filed against Monsanto Company (“Monsanto”), a provider of agricultural and herbicides products for farmers, and certain Monsanto executive officers and directors (collectively the “Defendants”) in the United States District Court for the Eastern District of Missouri on behalf of a class consisting of all those who purchased or otherwise acquired the common stock of Monsanto between January 7, 2009 and May 27, 2010 inclusive (the “Class”), alleging that Monsanto violated federal securities fraud laws by issuing false and misleading financial information to investors, according to securities class action lawsuit news reports.
The Monsanto securities fraud class action lawsuit complaint reportedly alleges, among other things, that Monsanto failed to disclose:
- that demand for Monsanto’s herbicide products was allegedly substantially declining as competition from Chinese producers of generic glyphosate products was causing a collapse in the prices of glyphosate products; and
- that Monsanto would be allegedly unable to maintain herbicide prices as defendants knew that they had to cut prices significantly to be able to compete with generic herbicide products that were entering the market;
For more information on the Monsanto securities fraud class action lawsuit, read the Monsanto class action lawsuit complaint.
If You Have Thoughts On The Monsanto Securities Fraud Class Action Lawsuit, Share Your Class Action Comments Below.
I have not recieved any information about this settlement. I entered my name. I guess by me moving away from the state of Illinois and you all lost my current address. I understand that you all made a judgement. I do not want anyone recieving false monies in my name. I have been living in florida for over 30 years. i need to be informed on this suit. I have ot heard from any one sinc day one. I use to go to Monsanto to drop my Mom off and wait in car for her smelling all the chemicals and suffering since age 12 of migraines. Please contact me at 894 NW 1st. street Florida City,Fl 33034. Thank you Elfreda Morris-Davis