Shareholders Foundation, Inc.

NASDAQ:FARM Shareholder Notice: Investigation over Possible Securities Laws Violations by Farmer Bros. Co.

An investigation for investors in Farmer Bros. Co. (NASDAQ:FARM) shares over potential securities laws violations by Farmer Bros. Co. was announced.

 

San Diego, CA -- (SBWIRE) -- 02/17/2021 -- Farmer Bros. Co. is under investigation concerning potential securities laws violations in connection with certain financial statements.

Investors who purchased shares of Farmer Bros. Co. (NASDAQ: FARM), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Farmer Bros. Co. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Northlake, TX based Farmer Bros. Co. engages in the manufacture, wholesale, and distribution of coffee, tea, and culinary products in the United States. Farmer Bros. Co. reported that its Total Revenue declined from $595.94 million for the 12 months period that ended on June 30, 2019, to $501.32 million for the 12 months period that ended on June 30, 2020, and that its Net Loss over those respective time period declined from $73.59 million to $37.08 million.

Shares of Farmer Bros. Co. (NASDAQ: FARM) declined from $37.35 per share in April 2017 to $3.47 per share in October 2020.

Those who purchased shares of Farmer Bros. Co. (NASDAQ: FARM) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.