$BRBR Stock Announcement: BellRing Brands, Inc. Investors may have been Affected by Fraud and are Urged to Contact BFA Law before March 23 Class Action Deadline
BellRing BrandsBellRing Brands(US:BRBR) TMX Newsfile·2026-02-16 11:36

Core Viewpoint - A class action lawsuit has been filed against BellRing Brands, Inc. and certain senior executives for securities fraud, following a significant drop in stock price attributed to potential violations of federal securities laws [1][3]. Company Overview - BellRing Brands, Inc. develops, markets, and sells "convenient nutrition" products, primarily known for its ready-to-drink protein shakes under the Premier Protein brand [4]. Allegations of Securities Fraud - The lawsuit claims that BellRing misrepresented sales growth as being driven by increased consumer demand, while in reality, sales were inflated due to key customers stockpiling inventory. The company downplayed competitive pressures, asserting it had a "competitive moat" in the ready-to-drink category [4]. - The complaint is based on violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, representing investors in BellRing securities [3]. Stock Price Decline - On May 6, 2025, BellRing's CFO disclosed that several key retailers had reduced their inventory levels, leading to a projected mid-single-digit headwind for Q3 growth. This announcement caused the stock price to drop by $14.88, or 19%, from $78.43 to $63.55 per share [5]. - Following the Q3 2025 financial results reported on August 4, 2025, which included a narrowed fiscal year outlook, the stock price fell by $17.46, or nearly 33%, from $53.64 to $36.18 per share on August 5, 2025 [6][7].

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