Core Viewpoint - A class action securities lawsuit has been filed against Chipotle Mexican Grill, Inc. for alleged securities fraud affecting investors between February 8, 2024, and October 29, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Chipotle made false statements regarding its portion sizes, which were inconsistent and led to customer dissatisfaction [2]. - It is alleged that to retain customer loyalty, Chipotle would need to increase portion sizes, resulting in higher costs of sales [2]. - The defendants' statements about Chipotle's business operations and prospects were claimed to be materially false and misleading [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until January 10, 2025, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]. - The firm has over 70 employees dedicated to serving clients in complex securities litigation [4].
Investors who lost money on Chipotle Mexican Grill, Inc. (CMG) should contact Levi & Korsinsky about pending Class Action - CMG