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: | 02/04/2015 |
Class Period End: | 01/05/2016 |
Lead Plaintiff motion: | 03/08/2016 |
Date Filed: | 01/08/2016 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Southern District of New York |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the March 8, 2016 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 Southern District of New York and investors, who purchased Chipotle Mexican Grill Inc securities between February 4, 2015 and January 5, 2016, have until March 8, 2016 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 Chipotle Mexican Grill's quality controls were not in compliance with applicable consumer and workplace safety regulations and Chipotle Mexican Grill's quality controls were inadequate to safeguard consumer and employee health and as a result of the foregoing, Chipotle Mexican Grill's public statements were materially false and misleading at all relevant times. On November 20, 2015, Centers for Disease Control and Prevention announced Chipotle's E.Coli outbreak has been link to a total of six states. Following this news, Chipotle Mexican Grill Inc (NYSE: CMG) shares fell 12% on November 20, 2015. On January 6, 2016, Chipotle Mexican Grill Inc revealed that it had been served with a federal subpoena following August 2014’s criminal investigation of a dangerous norovirus outbreak at one of its restaurants. On this news, Chipotle's stock fell 4.98%, to close at $426.67 on January 6, 2016. If you were negatively impacted by your investment in Chipotle Mexican Grill Inc securities between February 4, 2015 and January 5, 2016 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
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