Chipotle Mexican Grill Inc.
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Chipotle Mexican Grill Inc. |
Stock Symbol : | NYSE: CMG |
Class Period Start: | 02/05/2016 |
Class Period End: | 07/19/2017 |
Lead Plaintiff motion: | 09/18/2017 |
Date Filed: | 07/20/2017 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the District of Colorado |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the September 18, 2017 lead plaintiff deadline in a class action lawsuit filed against Chipotle Mexican Grill Inc (NYSE: CMG) (“Chipotle” or “the Company”). The suit is pending in the U.S. District Court for the District of Colorado and investors, who purchased Chipotle Mexican Grill Inc securities between February 5, 2016 and July 19, 2017, have until September 18, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased Chipotle Mexican Grill Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class. The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that the Company’s purported improvements in its restaurants’ food safety policies were inadequate; that Chipotle’s quality controls were not in compliance with applicable consumer and workplace safety regulations; that the quality controls remained inadequate to safeguard consumer and employee health; and that as a result, Chipotle’s public statements were materially false and misleading at all relevant times. On July 18, 2017, news outlets reported that Chipotle had closed a restaurant in Virginia due to a suspected norovirus outbreak. On July 20, 2017, The Wall Street Journal published an article entitled “Over 100 Report Being Sickened at Virginia Chipotle,” disclosing that the number of reports of illness associated with the restaurant-chain continues to rise. Following this news, shares of Chipotle declined in value materially, which caused investors harm. If you were negatively impacted by your investment in Chipotle Mexican Grill Inc securities between February 5, 2016 and July 19, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185 |