LAMB WESTON SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Lamb Weston Holdings, Inc. - LW

NEW ORLEANS, June 21, 2024

What You May Do

If you purchased shares of Lamb Weston and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-lw/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by August 12, 2024.

About the Lawsuit

Lamb Weston and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

On April 4, 2024, the Company disclosed that it had experienced significant problems with its transition to a new Enterprise Resource Planning ("ERP") software system, which caused the Company to lose $135 million in sales during the third quarter of fiscal 2024 and necessitated a $330 million reduction to its sales guidance for the full fiscal year.