ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages MGP Ingredients, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – MGPI

Case Overview - Rosen Law Firm reminds purchasers of MGP Ingredients, Inc (MGPI) common stock between May 4, 2023 and October 30, 2024 of the February 14, 2025 lead plaintiff deadline [1] - Purchasers during the Class Period may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement [1] Legal Action Details - A class action lawsuit has been filed against MGPI [2] - Investors must move the Court no later than February 14, 2025 to serve as lead plaintiff [2] - Lead plaintiff is a representative party acting on behalf of other class members in directing the litigation [2] Rosen Law Firm Credentials - Rosen Law Firm represents investors globally, specializing in securities class actions and shareholder derivative litigation [3] - Achieved the largest ever securities class action settlement against a Chinese Company [3] - Ranked No 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017 [3] - Recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3] Allegations Against MGPI - Defendants made materially false and/or misleading statements during the Class Period [4] - Failed to disclose material adverse facts about MGPI's business, operations, and prospects [4] - Touted strong demand and "normal" inventory levels in brown goods (American whiskies and tequila) despite slowdown in consumption and oversupply [4] - Assured investors they were positioned differently than competitors and had taken steps to mitigate risk, which was not true [4] Investor Options - Investors can join the MGPI class action by visiting the provided website or contacting Phillip Kim, Esq [5] - No class has been certified yet, investors are not represented by counsel unless they retain one [6] - Investors may select counsel of their choice or remain an absent class member [6] - Ability to share in any potential future recovery is not dependent upon serving as lead plaintiff [6]