LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Todd M. Garber announces that it is investigating potential claims against Yum! Brands, Inc. (“Yum” of the “Company”) (NYSE:YUM) concerning possible violations of federal securities laws and/or breaches of fiduciary duties by the Company or its fiduciaries. The investigation focuses on allegations that certain statements issued by the Company were false and misleading concerning Yum’s business, operations and financial prospects. Yum, together with its subsidiaries, operates quick service restaurants in the United States and internationally under the KFC, Pizza Hut and Taco Bell brands.
The investigation is related to allegations that the Company misrepresented or failed to disclose that as early as 2010 the Company’s own food safety inspections had discovered high levels of antibiotics and other illegal drugs or chemicals in chickens purchased from a Chinese supplier -- Shandong Liuhe Group -- and Yum had continued to buy products from Shandong Liuhe Group until as late as August 2012.
If you purchased Yum stock prior to 2010 and still hold those shares, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Todd M. Garber, Esquire, of the Law Offices of Todd M. Garber, by telephone at 213-700-7262 or by email to info@toddgarberlaw.com.
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