We are investigating Tyson Foods, Inc. (TSN) (“Tyson” or the “Company”) for potential violations of the federal securities laws.
On June 23, 2020, U.S. Senators Elizabeth Warren and Cory Booker announced the opening of an investigation into meatpacking companies, including Tyson, related to their handling of pork exports and worker safety issues during the COVID-19 pandemic. The announcement followed reports that meatpacking companies were exporting a record amount of pork to China, while warning of impending meat shortages and raising prices in the United States. On this news, Tyson’s stock price fell $1.72 per share, or 2.81%, to close at $59.44 on June 24, 2020.