Starbucks Corporation (SBUX) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Globe Newswire 7-Aug-2024 4:00 PM

NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Starbucks Corporation ("Starbucks" or "the Company") (NASDAQ:SBUX). Investors who purchased Starbucks securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SBUX.

Investigation Details

On May 1, 2024, Starbucks announced its 2024 second-quarter results. The Company's results were below analyst expectations and its own projections, leading to a reduction in its full-year guidance for 2024. The Company blamed the shortfall on the "impact of a more cautious consumer" which "may persist longer, but much is within our control." Analysts commented that the "magnitude of the revision was unsettling."

What's Next?

If you are aware of any facts relating to this investigation or purchased Starbucks securities, you can assist this investigation by visiting the firm's site: bgandg.com/SBUX. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com