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SHAREHOLDER ALERT: Pomerantz Law Reminds Shareholders with Losses on their Investment in Alico, Inc. of Class Action Lawsuit and Upcoming Deadline - ALCO

PR Newswire - Wed Mar 22, 2023

NEW YORK, March 22, 2023 /PRNewswire/ --ย Pomerantz LLP announces that a class action lawsuit has been filed against Alico, Inc. ("Alico" or the "Company")ย (NASDAQ: ALCO) and certain officers. The class action, filed in the United States District Court for the Middle District of Florida, and docketed under 23-cv-00107, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Alico securities between February 4, 2021 and December 13, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

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