Monsanto Company long term investor investigation

Investigation on behalf of current long term investors of Monsanto Company over possible breaches of fiduciary duty – MON investors should contact the Shareholders Foundation, Inc. at mail@shareholdersfoundation.com
By: Shareholders Foundation, Inc.
 
Aug. 16, 2010 - PRLog -- An investor in MON stock filed a lawsuit on behalf of purchasers of the common stock of Monsanto Company between January 7, 2009 and May 27, 2010, over alleged violations of Federal Securities Laws by Monsanto Company. Meanwhile an investigation on behalf of current long term investors of Monsanto Company , including those who also purchased prior to January 2009 and continue to hold those shares, over possible breaches of fiduciary duty by certain members of the board of directors and certain of officers of Monsanto Company was announced.

If you are a current long term investor in common stock of Monsanto Company , including those who purchased prior to January 2009 and continue to hold those MON stocks, you have certain options and you 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. According to the complaint filed in the United States District Court for the Eastern District of Missouri the plaintiff alleges on behalf of purchasers of the common stock of Monsanto Company between January 7, 2009 and May 27, 2010, 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® business, lowering its full-year 2010 guidance to $2.40 to $2.60 a share from $3.10 to $3.30 a share, and lowering its free cash flow guidance. Monsanto Company also announced that its guidance for Roundup® and other glysophate-based products was now $50 to $200 million, down from $600 million on April 7, 2010. On this news, so the lawsuit, Monsanto’s stock price fell from a price of $52.66 prior to the announcement to close at $50.27 on extremely heavy volume. Shares of Monsanto Company (MON) traded recently at $57.18 per share, down from its 52weekHigh of $87.06 per share and almost $140 per share during 2008.

Those who are current long term investors in common stock of Monsanto Company , including those who purchased prior to January 2009 and continue to hold those MON stocks, have certain options and should contact the Shareholders Foundation, Inc by email mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

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The Shareholders Foundation, Inc. is an investor advocacy group. We do research related to shareholder issues and inform investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We believe that together we can combine the interests of many investors, and use the size of our interest as leverage against the giant corporations. We offer help, support, and assistance for every shareholder. We help investors find answers to their questions and equitable solutions to their problems. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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Source:Shareholders Foundation, Inc.
Email:***@shareholdersfoundation.com Email Verified
Zip:92108
Tags:Mon, Monsanto, Monsanto Company, Nyse Mon
Industry:Banking, Business, Financial
Location:San Diego - California - United States
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