LW Investors Have Opportunity to Join Lamb Weston Holdings, Inc. Securities Fraud Investigation with the Schall Law Firm

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Lamb Weston Holdings, Inc. (“Lamb Weston” or “the Company”) (NYSE: LW) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Lamb Weston claimed its new ERP system had “strengthen[ed] [its] operational infrastructure,” and that its implementation had only experienced the “usual bumps.” In reality, the Company suffered serious problems with its ERP implementation which resulted in $135 million in lost sales in the third quarter of 2024 and a $330 million decrease in its full year sales guidance for 2024. 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 Lamb Weston, investors suffered damages.

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 bschall@schallfirm.com.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240812586538/en/