On October 21, 2016, there was a chemical spill at an MGP Ingredients facility in Atchison, Kansas, involving sulfuric acid and sodium hypochlorite. The spill generated a toxic chemical cloud that covered the area, prompting school evacuations. Following this news, MGP Ingredients stock dropped $1.21 per share, or 3.12%, to close at $37.60 on October 24, 2016, the next trading day. Then on October 27, 2016, MGP Ingredients announced that the spill is being investigated by the U.S. Chemical Safety and Hazard Investigation Board and that the U.S. Food and Drug Administration and the Occupational Safety and Health Administration are examining as well. Following this news, MGP Ingredients stock again dropped $0.67 per share, or 1.86%, to close at $35.36 on October 27, 2016.
If you are aware of any facts relating to this investigation, or purchased shares MGP Ingredients, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/mgpi. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484 or via email firstname.lastname@example.org. Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | email@example.com
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