LOS ANGELES, April 24, 2017 /PRNewswire/ -- Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Omega Protein Corporation ("Omega" or the "Company") (NYSE: OME). Investors who purchased or otherwise acquired the Company's shares between August 3, 2016 and March 1, 2017 inclusive (the "Class Period"), are encouraged to contact the firm prior to the May 1, 2017 lead plaintiff deadline.
No class has been certified in the above action. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
The Complaint alleges that throughout the Class Period, Omega made false and/or misleading statements and/or failed to disclose that: the SEC is requesting information for an investigation relating to the Company subsidiary's compliance with its probation terms and Omega's protection of whistleblower employees; that it is possible that the foregoing matter could have a material adverse effect on Omega's business, reputation, results of operation and financial condition; and that as a result of the above, the Company's statements about its business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When this news was released to the public, Omega's stock price dropped significantly, which caused investors harm.
Lundin Law PC was established by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding the rights of shareholders.
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SOURCE Lundin Law PC