Beyond Meat(US:BYND) Globenewswire·2026-02-15 13:21Core 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 impairments related to the company's long-lived assets [4][6]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses exceeding $75,000 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 [4]. Group 2: Financial Performance and Stock Impact - Beyond Meat announced a delay in reporting its Q3 2025 financial results on November 3, 2025, leading to a stock price drop of 16.01%, closing at $1.39 per share [7]. - The company reported a loss from operations of $112.3 million for Q3 2025, which included $77.4 million in non-cash impairment charges, causing its stock price to fall by 8.96% to $1.22 per share on November 11, 2025 [8]. - Following a conference call on November 11, 2025, where details of the impairment were disclosed, the stock price fell an additional 8.61%, closing at $1.115 per share on November 12, 2025 [10]. Group 3: Impairment Charges and Financial Reporting - The complaint alleges that Beyond Meat's long-lived assets had a book value exceeding their fair value, indicating a likely need for a material, non-cash impairment charge [6]. - The total impairment amount of $77.4 million was allocated to property, plant, and equipment (PP&E), operating lease ROU assets, and prepaid lease costs on the balance sheet [9].