Security Investigation
Chipotle Mexican Grill, Inc. (NYSE: CMG)
38 Days left to seek lead plaintiff status.
Contact a Lawyer Now
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until January 10, 2025 to file lead plaintiff applications in a securities class action lawsuit against Chipotle Mexican Grill, Inc. (NYSE: CMG).
Chipotle and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (1) the Company’s portion sizes were inconsistent and left many customers dissatisfied with its offerings; (2) in order to address the issue and retain customer loyalty, the Company would have to ensure more generous portion sizes, which would increase cost of sales; and (3) as a result, defendants’ statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
If you purchased shares of Chipotle and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or fill out the form on this page.
The case is Stradford v. Chipotle Mexican Grill, Inc., et al., No. 24-cv-2459.