Poulin | Willey | Anastopoulo Notifies Investors of Chipotle Mexican Grill, Inc. Pending Class Action Lawsuit

If you purchased Chipotle securities during the Class Period you may be entitled to compensation without payment of any out-of-pocket fees or costs.

CHARLESTON, SC, UNITED STATES, November 13, 2024 /EINPresswire.com/ -- Poulin | Willey | Anastopoulo, a leading Plaintiffs class action firm announces the filing of a class action securities lawsuit in the United States District Court for the Central District of California on behalf of persons or entities who purchased or otherwise acquired the securities of Chipotle Mexican Grill, Inc. (“Chipotle” or the “Company”) (NYSE:CMG) between February 8, 2024 and October 8, 2024, both dates inclusive (the “Class” and the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 10, 2025.

WHY: If you purchased Chipotle securities during the Class Period you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency arrangement. There is no cost or obligation to participate.

WHAT’S NEXT: To join the Chipotle class action, call Stuart J. Guber, Esq. at 803-222-2222 or email Stuart J. Guber, Esq. at stuart.guber@poulinwilley.com. If you wish to serve as a lead plaintiff, you must move the Court no later than January 10, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

CASE DETAILS: Chipotle owns and operates Chipotle Mexican Grill restaurants, which feature a relevant menu of burritos, burrito bowls, quesadillas, tacos, and salads. The complaint, Case No. 8:24-cv-02459, alleges that Defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Chipotle’s portion sizes were inconsistent and left many customers dissatisfied with the Company’s offerings; (2) in order to address the issue and retain customer loyalty, Chipotle would have to ensure more generous portion sizes, which would increase cost of sales; and (3) as a result, Defendants’ statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

When the truth was fully revealed after the close of the market on July 29, 2024 and during market hours on July 30, 2024, the Company’s stock fell $4.76 0r &.86% to close at $55.73 on October 30, 2024. As a result, the plaintiff and the Class suffered damages.

NO COST TO YOU: No Recovery, No Attorney’s Fees, No Costs. We represent you on a fully contingent basis. There are no fees or costs to you for your participation in the lawsuit if the lawsuit is unsuccessful.

WHY POULIN | WILLEY| ANASTOPOULO: The firm is one of the leading Plaintiff class action and mass tort firms in the country. Our Director of Shareholder Services and Securities Litigation, Stuart J. Guber, has over three decades of experience successfully representing defrauded shareholders including public pension plans, Taft-Hartley union pension plans and health & welfare funds, and individual investors in class action securities litigation and securities opt-out litigation. In addition, firm partner Roy Willey IV has served as counsel in class actions and multi-district litigations across the country. He brings a creative, problem-solving-based approach to handling cases for consumers, investors and others harmed through no fault of their own. As a result, he has been repeatedly named among America’s Top 100 High Stakes Litigators, Best Lawyers, and Super Lawyers.

Poulin | Willey | Anastopoulo has offices in Florence, Charleston, Ladson, Columbia, Greenville, Lexington, Myrtle Beach, Rock Hill, and Hampton, South Carolina. Charlotte and Lumberton, North Carolina. Atlanta, Albany, Athens, Augusta, Columbus, and Macon in Georgia. Visit RespectResults.com to learn more.

Stuart Guber
Poulin | Willey | Anastopoulo
+ +1 803-222-2222
stuart.guber@poulinwilley.com
Visit us on social media:
Facebook
X
LinkedIn
Instagram
YouTube