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Business Wire 31-Oct-2024 11:28 PM
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Chipotle Mexican Grill, Inc. ("Chipotle" or "the Company") (NYSE: CMG) for violations of the securities laws.
According to the Complaint, the Company made false and misleading statements to the market. Chipotle reported its Q3 earnings on October 29, 2024. The Company's quarterly sales trends were weaker than expected by analysts, and it indicated it may suffer from an uptick on costs due to addressing customer complaints about its portion sizes. Based on this news, shares of Chipotle fell sharply over the next two trading sessions.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241031940881/en/