BellRing Brands(US:BRBR) Businesswire·2026-01-22 23:19Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who purchased BellRing Brands, Inc. securities, alleging that the company misled investors regarding its sales performance during a specified period [1][2]. Group 1: Allegations and Misleading Information - The lawsuit claims that BellRing Brands did not disclose that its strong sales figures were due to customers accumulating excess inventory rather than increased consumer demand [2]. - It is alleged that once customers felt secure about product availability, they began to reduce their inventory, leading to a decline in new orders [2]. - The company later acknowledged that competitive pressures were significantly weakening demand for its products [2]. Group 2: Financial Performance and Market Reaction - On August 4, 2025, BellRing reported disappointing fiscal Q3 2025 results, narrowing its sales outlook for the fiscal year to a range of $2.28 billion to $2.32 billion [3]. - Following this announcement, BellRing's stock price fell by $17.46 per share, a decrease of nearly 33%, dropping from $53.64 to $36.18 per share [3]. Group 3: Class Action Participation - Shareholders interested in participating as lead plaintiffs in the class action must submit their papers by March 23, 2026 [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]. Group 4: Company Background - Robbins LLP has been recognized for its efforts in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [5].