METAIRIE, La., Jan. 25, 2008 (PRIME NEWSWIRE) -- The Law Offices of Eric J. O'Bell, LLC ("O'Bell") announce that it is commencing an investigation into SunOpta, Inc. ("SunOpta" or the "Company") (Nasdaq:STKL) to determine whether it has violated federal securities laws by issuing materially false and misleading statements to shareholders.
SunOpta, a Canadian organic food company, announced today a drastic reduction of its fiscal 2007 profit forecast and advised that financial restatements are likely. Upon publication of this news, shares of SunOpta declined to a new 52-week low to close at $6.05 per share.
If you are a SunOpta shareholder, and/or have information that would assist in this ongoing investigation, or have other questions relating to a loss you've suffered in your investment, you may contact Eric J. O'Bell directly without obligation or cost to you at 504-456-8677; 504-616-9400 after hours; or by email to ejo@obelllawfirm.com.