BYND LOSSES ALERT: Bernstein Liebhard Announces that it is Investigating Beyond Meat Inc., and Encourages Investors with Substantial Losses to Contact the Firm
NEW YORK, Jan. 29, 2020 /PRNewswire/ -- Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of Beyond Meat Inc. ("Beyond Meat" or the "Company") (NASDAQ: BYND) from allegations that Beyond might have issued misleading information to the investing public.
If you purchased Beyond Meat securities, and/or would like to discuss your legal rights and options please visit Beyond Meat Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].
On January 27, 2020, post-market, Don Lee Farms issued a press release announcing that "Judge Rules Don Lee Farms Likely to Obtain a Judgment. Beyond Meat's CFO and Others Named Individually for Fraud." The release announced, among other things, that "[a] judge has ruled Don Lee Farms proved the probable validity of its claim that Beyond Meat breached its manufacturing agreement with Don Lee Farms" and that "[i]n a separate motion before a different Judge, the Court granted Don Lee Farms' request to name Beyond Meat Chief Financial Officer Mark Nelson, Senior Quality Assurance Manager Jessica Quetsch and Director of Operations Anthony Miller in its fraud claims which allege they intentionally doctored and omitted material information from a food safety consultant's report, and then delivered that doctored report to Don Lee Farms and affirmatively represented that it was the complete opinion of the consultant."
On this news, Beyond Meat's stock price fell precipitously over the next two trading days closing at $114.88 on January 29, 2020.
If you purchased Beyond Meat securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/beyondmeatinc-bynd-shareholder-class-action-lawsuit-stock-fraud-243/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2020 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information
Matthew E. Guarnero
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
[email protected]
SOURCE Bernstein Liebhard LLP
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