Core Viewpoint - Rosen Law Firm is reminding investors who purchased Chipotle Mexican Grill, Inc. common stock or options during the specified Class Period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the Chipotle securities class action is from February 8, 2024, to October 29, 2024 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must file a motion with the Court by January 10, 2025, to represent other class members in the litigation [3]. Group 2: Case Allegations - The lawsuit alleges that Chipotle made materially false and misleading statements regarding its portion sizes, which led to customer dissatisfaction [5]. - It is claimed that to retain customer loyalty, Chipotle would need to increase portion sizes, resulting in higher costs of sales [5]. - The lawsuit asserts that the defendants' statements about Chipotle's business operations and prospects were misleading and lacked a reasonable basis [5]. Group 3: Rosen Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements since 2013, recovering hundreds of millions for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in litigation [4].
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Chipotle Mexican Grill, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – CMG