The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of BIRD, BYND and CRL

PRESS RELEASE
Published May 24, 2023

NEW YORK, NY / ACCESSWIRE / May 24, 2023 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Allbirds, Inc. (NASDAQ:BIRD)
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired: (a) Allbirds Class A common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's November 2021 initial public offering; and/or (b) Allbirds securities between November 4, 2021 and March 9, 2023, inclusive.
Lead Plaintiff Deadline: June 12, 2023

Allbirds, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Allbirds was overemphasizing products that extended beyond the Company's core offerings; (2) the Company's non-core products had a narrower appeal and were not resonating with customers as well as the Company's core products; (3) Allbirds was underinvesting in its core consumers' favorite products to push the Company's newer products with narrower appeal; (4) underinvesting in Allbirds' core products was negatively impacting the Company's sales; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Learn about your recoverable losses in BIRD: https://www.kleinstocklaw.com/pslra-1/allbirds-lawsuit-loss-submission-form?id=39903&from=1

Beyond Meat, Inc. (NASDAQ:BYND)
Class Period: May 5, 2020 - October 13, 2022
Lead Plaintiff Deadline: July 10, 2023

According to the complaint, throughout the Class Period defendants made numerous materially false and misleading statements and omissions concerning the Company's ability to produce plant-based meats at scale. Specifically, defendants repeatedly assured investors that Beyond Meat conducted "extensive testing" to "ensure manufacturability" of its plant-based meat products at commercial scale, and touted the success of the Company's product tests with its large-scale partnerships as "very positive." Further, defendants blamed any delays in launching these large-scale partnerships on Covid-19.

Learn about your recoverable losses in BYND: https://www.kleinstocklaw.com/pslra-1/beyond-meat-lawsuit-loss-submission-form?id=39903&from=1

Charles River Laboratories International, Inc. (NYSE:CRL)
Class Period: May 5, 2020 - February 21, 2023
Lead Plaintiff Deadline: July 18, 2023

The CRL lawsuit alleges that Charles River Laboratories International, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Charles River had engaged in illegal activity with respect to its importation of non-human primates for research; (2) as a result, Charles River was at a heightened risk of criminal and regulatory investigation by, inter alia, the U.S. Department of Justice; (3) as a result, Charles River would be forced to suspend shipments of primates from Cambodia; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Learn about your recoverable losses in CRL: https://www.kleinstocklaw.com/pslra-1/charles-river-lawsuit-loss-submission-form?id=39903&from=1

The Klein Law Firm, Wednesday, May 24, 2023, Press release picture

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
535 Fifth Avenue
4th Floor
New York City, NY 10017
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm



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https://www.accesswire.com/757147/The-Klein-Law-Firm-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders-of-BIRD-BYND-and-CRL

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