An investigation on behalf of current long term investors in Flowers Foods, Inc. (NYSE:FLO) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NYSE:FLO stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 05/23/2018 -- An investigation was announced for investors in shares of Flowers Foods, Inc. (NYSE:FLO) concerning potential breaches of fiduciary duties by certain directors and officers of Flowers Foods, Inc.
Investors who are current long term investors in Flowers Foods, Inc. (NYSE:FLO) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NYSE:FLO stocks follows a lawsuit filed against Flowers Foods, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE:FLO stocks, concerns whether certain Flowers Foods directors are liable in connection with the allegations made in that lawsuit. The plaintiff alleges that between February 7, 2013, and August 10, 2016, the Defendants made allegedly false and/or misleading statements and/or allegedly failed to disclose that Flowers Foods, Inc. was improperly classifying employees as independent contractors, that the misclassification exposed Flowers Foods, Inc. to legal liability and/or negative regulatory action, that proper classification would have a negative impact on the Company's operations, and that, as a result of the foregoing, Defendants' statements about Flowers Foods' business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
Those who purchased shares of Flowers Foods, Inc. (NYSE:FLO) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
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