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Chipotle shareholders sue after stock hammered by fallout from skimping on portion sizes
CMGChipotle Mexican Grill(CMG) New York Post·2024-11-12 00:22

Chipotle Mexican Grill was sued on Monday by shareholders for concealing how many of its restaurants were skimping on portions, forcing the chain to spend more on ingredients and hurting its stock price.In a proposed class action filed in Santa Ana, Calif., federal court, shareholders said Chipotle failed to disclose growing unhappiness among customers with inconsistent portion sizes for its burritos and rice bowls.They said the truth came out as customers voiced dismay on TikTok and other social media, pro ...