BYND INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Beyond Meat (BYND) Investors of Securities Class Action Deadline on March 24, 2026
Beyond MeatBeyond Meat(US:BYND) TMX Newsfile·2026-02-10 15:49

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Beyond Meat, Inc. due to allegations of violations of federal securities laws, particularly concerning misleading statements and undisclosed impairment charges [2][4]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses in Beyond Meat between February 27, 2025, and November 11, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Beyond Meat, with a deadline of March 24, 2026, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that Beyond Meat and its executives made false statements regarding the fair value of long-lived assets, which could lead to a significant non-cash impairment charge [4]. Group 2: Financial Performance and Stock Impact - On November 3, 2025, Beyond Meat announced a delay in reporting its Q3 2025 financial results, resulting in a stock price drop of $0.265 per share, or 16.01%, closing at $1.39 [5]. - The company reported a loss from operations of $112.3 million for Q3 2025, which included $77.4 million in non-cash impairment charges [6]. - Following the financial results announcement on November 10, 2025, Beyond Meat's stock fell by $0.12 per share, or 8.96%, closing at $1.22 [6]. - During a conference call on November 11, 2025, it was disclosed that the impairment amount was allocated to property, plant, and equipment, leading to an additional stock price decline of $0.105 per share, or 8.61%, closing at $1.115 [7].