Investors group to sue Tyson over acquiring IBP

Investors group to sue Tyson over acquiring IBP

From Associated Press, Bloomberg News, Cox News Service and Newsday reports

Friday, October 10, 2003

A group of investors has gained class-action status for a suit against Tyson Foods Inc., alleging securities fraud in its acquisition of IBP Inc. Plaintiffs include Stark Investments LP and Shepherd Investments International Ltd. Stark and Shepherd are hedge funds managed by Staro Asset Management LLC, based in St. Francis.

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.
This entry was posted in HedgeCo News. Bookmark the permalink.

Comments are closed.