Core Viewpoint - A class action lawsuit has been filed against BellRing Brands, Inc. and its senior executives for securities fraud following a significant drop in stock price attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is filed by Bleichmar Fonti & Auld LLP in the U.S. District Court for the Southern District of New York, asserting claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. - Investors have until March 23, 2026, to request to be appointed to lead the case [3]. Group 2: Company Background - BellRing Brands develops, markets, and sells "convenient nutrition" products, primarily known for its Premier Protein ready-to-drink protein shakes [4]. - The company previously claimed that its sales growth was due to increased consumer demand and various positive factors, while downplaying competitive pressures [4]. Group 3: Stock Performance and Impact - On May 6, 2025, BellRing's CFO indicated that several key retailers had reduced their inventory levels, leading to a projected low single-digit growth for Q3, resulting in a stock price drop of $14.88 per share, or 19% [5]. - Following the release of Q3 2025 financial results on August 4, 2025, and subsequent comments about increased competition, the stock price fell by $17.46 per share, nearly 33% [6][7].
BRBR FRAUD ALERT: BellRing Brands, Inc. Faces Securities Fraud Class Action by BFA Law Due to Elevated Inventory Levels, Investors Urged to Contact the Firm before March 23