NEW YORK, NY / ACCESSWIRE / November 12, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Chipotle Mexican Grill, Inc. (NYSE:CMG) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Chipotle, you are encouraged to obtain additional information by visiting Click Here
Chipotle's shares rose Tuesday as investors digested the news that the fast-casual chain had formally named Scott Boatwright its CEO.
LOS ANGELES, CA / ACCESSWIRE / November 12, 2024 / 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 Mexican Grill Inc (NYSE:CMG) has been sued by its own shareholders after failing to disclose the number of its restaurants which cut portion sizes before the chain was forced to backtrack on the move. Shareholders filed a proposed class action in a California federal court on Monday, arguing the chain had failed to recognize growing disdain over inconsistent portion sizes.
Shareholder said the truth came out as customers voiced dismay on TikTok and other social media, prompting Chipotle to reemphasize "generous portions" at its more than 3,600 restaurants.
Chipotle Mexican Grill was sued on Monday by shareholders for concealing how many of its restaurants were skimping on portions, forcing the chain to spend more on ingredients and hurting its stock price.
Scott Boatwright is getting the permanent CEO nod. Chipotle's stock is up 500% since he joined the company in 2017.
Chipotle Mexican Grill Inc (NYSE:CMG) has named Scott Boatwright as its permanent CEO, replacing Brian Niccol who left the position to lead coffee giant Starbucks. Boatwright was named interim CEO of the Mexican fast casual chain in August, having previously served as chief operating officer since 2017.
Chipotle has named Interim CEO Scott Boatwright as CEO and member of the board, effective immediately. Boatwright has served as interim CEO since Aug. 31, when former Chipotle Chairman and CEO Brian Niccol left the company to become CEO of Starbucks.
LOS ANGELES, CA / ACCESSWIRE / November 11, 2024 / 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.
CNBC's Kate Rogers joins 'Halftime Report' to report on Chipotle naming its new CEO and member of the board.
NEW YORK CITY, NY / ACCESSWIRE / November 11, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Chipotle Mexican Grill, Inc. ("Chipotle" or "the Company") (NYSE:CMG). Investors who purchased Chipotle securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CMG.