---
title: "10:29 ET\n\t\t\t\n\t\t\t\n\t\t\t\tMGPI Investors Have Opportunity to Lead MGP Ingredients, Inc. Securities Fraud Lawsuit with the Schall Law Firm"
description: "The Schall Law Firm has announced a class action lawsuit against MGP Ingredients, Inc. (NASDAQ: MGPI) for alleged securities fraud, violating the Securities Exchange Act. Investors who purchased share"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/237413811.md"
published_at: "2025-04-24T14:29:37.000Z"
---

# 10:29 ET
			
			
				MGPI Investors Have Opportunity to Lead MGP Ingredients, Inc. Securities Fraud Lawsuit with the Schall Law Firm

> The Schall Law Firm has announced a class action lawsuit against MGP Ingredients, Inc. (NASDAQ: MGPI) for alleged securities fraud, violating the Securities Exchange Act. Investors who purchased shares between May 4, 2023, and October 30, 2024, are encouraged to participate before May 26, 2025. The lawsuit claims MGP made false statements about strong demand and inventory levels, while actually facing oversupply and reduced consumer consumption, leading to investor losses when the truth emerged.

, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against MGP Ingredients, Inc. ("MGP Ingredients" or "the Company") (NASDAQ: MGPI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b\-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between May 4, 2023 and October 30, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before May 26, 2025.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at \[email protected\].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. MGP Ingredients bragged of strong demand and "normal" inventory for its brown goods product category, including American whiskies and tequila. The Company was actually suffering from an oversupply of products and a slowdown in consumption by consumers. The Company wrongfully claimed to have strong differentiation from competitors and to have mitigated risk. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about MGP, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

**CONTACT:**

The Schall Law Firm  
Brian Schall, Esq.,  
www.schallfirm.com  
Office: 310-301-3335  
\[email protected\]

SOURCE The Schall Law Firm

### Related Stocks

- [MGPI.US - MGP Ingredients](https://longbridge.com/en/quote/MGPI.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Rebel Bourbon 推出 Rebel Kentucky Straight Bourbon Whiskey 單桶 2026，由 Kyle Busch 選定 \| MGP Ingredients 股票新聞 | Rebel Bourbon 推出了其年度限量版 Rebel Kentucky Straight Bourbon Whiskey Single Barrel，由 NASCAR 冠軍 Kyle Busch 親自挑選。該波本酒的酒精度為 108， | [Link](https://longbridge.com/en/news/276146692.md) |
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| Rebel Bourbon 重新推出 Rebel Root Beer \| MGP Ingredients 股票新聞 | Rebel Bourbon 重新推出了其受歡迎的 Rebel Root Beer Whiskey，這是一款將 Rebel Straight Bourbon Whiskey 與根啤風味融合的威士忌。該產品的酒精度為 70，750 毫升的零售價 | [Link](https://longbridge.com/en/news/272443372.md) |
| 芝加哥期貨交易所（CBOT）的大豆價格因需求增加和天氣擔憂而上漲 | 芝加哥商品交易所大豆期貨在 1 月 23 日因預期來自中國的需求和南美的天氣擔憂而上漲。3 月大豆上漲了 3-3/4 美分，達到每蒲式耳 10.67-3/4 美元，而 3 月大豆粕和大豆油也有所上漲。美國每週大豆出口銷售達到 240 萬噸， | [Link](https://longbridge.com/en/news/273553463.md) |
| MGP Ingredients（納斯達克代碼：MGPI）的股票評級被華爾街 Zen 上調 | 華爾街禪將 MGP Ingredients（納斯達克代碼：MGPI）的評級從 “持有” 上調至 “買入”。其他分析師的看法不一，TD Cowen 將其目標價下調至 24.00 美元，而 Benchmark 則設定了 35.00 美元的目標價 | [Link](https://longbridge.com/en/news/275969567.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.