Core Viewpoint - A lawsuit has been filed against Chipotle Mexican Grill, Inc. and certain senior executives for potential violations of federal securities laws, particularly related to misrepresentations about portion sizes [1][2]. Group 1: Lawsuit Details - Investors have until January 10, 2025, to request to lead the case, which is pending in the U.S. District Court for the Central District of California [2]. - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of Chipotle investors [2]. Group 2: Allegations and Stock Impact - The complaint alleges that Chipotle misrepresented its portion sizes in response to negative news reports, claiming there were "no changes in our portion sizes" [3]. - On July 24, 2024, Chipotle admitted to issues with portion consistency, leading to a 3.8% drop in stock price from $51.78 to $49.83 over two days [3]. - On October 29, 2024, Chipotle reported a 30.6% increase in cost of sales due to efforts to ensure consistent portions, resulting in a 7.9% decline in stock price from $60.49 to $55.73 the following day [4].

NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Chipotle Mexican Grill, Inc. (NYSE: CMG) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Chipotle, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/chipotle-mexican-grill-inc. Investors have until January 10, 2025, to ask the Court ...

NEW YORK, Nov. 22, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Chipotle Mexican Grill, Inc. (NYSE: CMG).Shareholders who purchased shares of CMG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/chipotle-mexican-grill-inc-loss-submission-form/?id=112975&from=4CLASS PERIOD: F ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Chipotle To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $100,000 in Chipotle between February 8, 2024 and October 29, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, Nov. 21, 2024 /PRNew ...

NEW YORK, Nov. 21, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Chipotle Mexican Grill, Inc. (NYSE: CMG).Shareholders who purchased shares of CMG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/chipotle-mexican-grill-inc-loss-submission-form/?id=112804&from=4 CLASS PERIOD: ...

The 1,000th Chipotlane will open in the Kansas City metro area on Thursday, November 21 Chipotle anticipates opening 315 to 345 new restaurants in 2025 with at least 80% featuring a Chipotlane NEWPORT BEACH, Calif., Nov. 20, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) announced today the opening of its 1,000th Chipotlane restaurant on Thursday, November 21. Located in the Kansas City metro area, the milestone restaurant will feature the company's signature digital order drive thru pick-up lane. ...

NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Chipotle Mexican Grill, Inc. (NYSE: CMG) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Chipotle, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/chipotle-mexican-grill-inc. Investors have until January 10, 2025, to ask the Court ...

NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Chipotle Mexican Grill, Inc. (NYSE: CMG) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Chipotle, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/chipotle-mexican-grill-inc. Investors have until January 10, 2025, to ask the Court ...

It's hard for anyone to deny just how wonderful an investment Chipotle Mexican Grill (CMG -2.14%) has been. Its shares have catapulted higher in the last few years thanks to a strong financial performance.The fact that Chipotle has proven to be an outstanding business that has compounded shareholder capital means that it should be on your investing radar. However, it's best to know about one key warning before buying this unstoppable restaurant stock.Chipotle's sky-high valuationIn the past five years, Chip ...

Stock splits often serve as a catalyst for stocks. On the surface, they change nothing fundamental about a company. If one share was worth $1,000 before the split, having 10 shares at $100 per share leaves them with a holding of equal value.Nonetheless, a split offers indirect benefits, such as making whole shares more affordable to small investors or making the act of writing covered calls less costly. Also, since the perceived need for a split is bullish, stocks often perform well after a split.However, n ...