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Beyond Meat, Inc. INVESTIGATION: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud on behalf of Investors (BYND)
Beyond MeatBeyond Meat(US:BYND) Globenewswireยท2025-11-05 01:00

Core Viewpoint - Kirby McInerney LLP is investigating potential claims against Beyond Meat, Inc. regarding possible violations of federal securities laws or unlawful business practices [1]. Group 1: Company Announcements - On October 24, 2025, Beyond Meat announced an expected non-cash impairment charge for the three months ended September 27, 2025, related to certain long-lived assets, which was anticipated to be material [3]. - Following this announcement, Beyond Meat's share price fell by $0.65, or approximately 22.89%, from $2.84 on October 23, 2025, to close at $2.19 on October 24, 2025 [3]. - On November 3, 2025, the company delayed its earnings announcement for Q3 2025 to complete the impairment review, resulting in a further decline in share price by $0.27, or approximately 16.27%, from $1.66 on October 31, 2025, to close at $1.39 on November 3, 2025 [4]. Group 2: Legal Investigation - The investigation by Kirby McInerney LLP focuses on whether Beyond Meat may have engaged in unlawful business practices or violated federal securities laws [1]. - The law firm has a history of successful recoveries in securities litigation, indicating a serious approach to shareholder rights [7].