Pure Culture Organics™? Announces Litigation and General Business Update, New Product Development [Yahoo! Finance]
Lifeway Foods, Inc. (LWAY)
Last lifeway foods, inc. earnings: 5/18 05:59 pm
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Source: Yahoo! Finance
of court rulings against Lifeway Foods NASDAQ: ( LWAY ), Lifeway Foods chose to dismiss its claims against PCO rather than proceed to a ruling on the merits. Edward Smolyansky , PCO Co-founder and President, stated, "We are extremely pleased Lifeway abandoned its lawsuit, and PCO can pivot from having to focus on beating back frivolous lawsuits to building on the momentum of its new product developments like PCO Kids Kefir, as well as beginning to build our sales and marketing team." Mr. Smolyansky is a former officer of Lifeway and its second largest shareholder. He added, "While I understand the personal motivations of my sister and CEO in pursuing these lawsuits for her personal interests, I do not understand why Lifeway Foods' Board of Directors approved her request to use company funds for this purpose." Business and New Product Development: In a move to delight young consumers and health-conscious parents alike, PCO is also excited to announce the development of Pure Cul
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News
- Lifeway Foods ends lawsuit against Pure Culture Organics, rival says [Yahoo! Finance]Yahoo! Finance
- Pure Culture Organics™? Announces Litigation and General Business Update, New Product DevelopmentPR Newswire
- Why Lifeway's CEO believes dairy is driving gut health boom [Yahoo! Finance]Yahoo! Finance
- Lifeway Foods, Inc. (NASDAQ: LWAY) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Despite recent sales, Lifeway Foods, Inc. (NASDAQ:LWAY) insiders own 33% shares but recent downturn may have set them back [Yahoo! Finance]Yahoo! Finance
LWAY
Sec Filings
- 6/27/24 - Form 144
- 6/18/24 - Form 8-K
- 6/18/24 - Form 4
- LWAY's page on the SEC website