Company Hit By Investor Lawsuit
An investor in MON stock filed a lawsuit in the United States District Court for the Eastern District of Missouri on behalf of purchasers of the common stock of Monsanto Company (NYSE:MON) between January 7, 2009 and May 27, 2010, over alleged violations of Federal Securities Laws by Monsanto Company.
If you are purchased the common stock of Monsanto Company (NYSE:MON) between January 7, 2009 and May 27, 2010, you have certain options and there are strict and short deadlines running.
Deadline: September 28, 2010. Those MON shareholders and current long term MON investors, including those who purchased their MON shares prior to January 2009, and continue to hold their MON shares, should contact the Shareholders Foundation, Inc by email mail@shareholdersfoundation.com or call +1(858) 779 1554.
Monsanto Company, located St. Louis, MO, along with its subsidiaries, is a worldwide provider of agricultural products for farmers. Monsanto Company reported in 2007 Total Revenue of $8.349billion, in 2008 $11.365billion, and in 2009 $11.724billion. Its Net income rose over the same time period from $993million in 2007, to $2.007billion in 2008, and $2.098billion in 2009.
According to the complaint the plaintiff alleges that Monsanto Company and certain of its officers and executives violated the Exchange Act by failing between January 7, 2009 and May 27, 2010, to disclose material adverse facts about its true financial condition, business and prospects. Then on May 27, 2010, Monsanto Company announced that it was “dramatically” repositioning its Roundup