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Law Firms Investigate Tyson Foods Disclosures After Guidance Cut

Tyson Foods logoTyson Foods
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Two shareholder rights law firms said they are investigating Tyson Foods over whether disclosures adequately warned investors ahead of a September guidance cut. Tyson lowered its revenue-growth forecast to 1.5% to 2.0% and reduced operating income outlook for its Beef segment, with notes prospectus language cited as omitting risks of a downward revision. Tyson did not comment.

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