Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Beyond Meat, Inc. (BYND)
NEW YORK, NY / ACCESSWIRE / January 29, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Beyond Meat, Inc. ("Beyond Meat" or the Company") (NASDAQ:BYND). Investors who purchased Beyond Meat securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/bynd.
The investigation concerns whether Beyond Meat and certain of its officers and/or directors have violated federal securities laws.
On January 27, 2020, post-market, Don Lee Farms issued a press release entitled "Judge Rules Don Lee Farms Likely to Obtain a Judgment. Beyond Meat's CFO and Others Named Individually for Fraud." The press release stated, in part, that "[a] judge has ruled Don Lee Farms proved the probable validity of its claim that Beyond Meat breached its manufacturing agreement with Don Lee Farms" and that "[i]n a separate motion before a different Judge, the Court granted Don Lee Farms' request to name Beyond Meat Chief Financial Officer Mark Nelson, Senior Quality Assurance Manager Jessica Quetsch and Director of Operations Anthony Miller in its fraud claims which allege they intentionally doctored and omitted material information from a food safety consultant's report, and then delivered that doctored report to Don Lee Farms and affirmatively represented that it was the complete opinion of the consultant." On this news, Beyond Meat's stock price fell sharply during intraday trading on January 28, 2020.
If you are aware of any facts relating to this investigation, or purchased Beyond Meat shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/bynd. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
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