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Chipotle's viral portion size controversy has sparked a shareholder lawsuit
Chipotle Mexican Grill (CMG) is facing a class action lawsuit from shareholders who claim the company misled investors about inconsistent portion sizes, leading to higher costs and a significant dip in stock value.
Shareholders Sue Chipotle Over Portion Sizes
The lawsuit alleges that the company made false and/or misleading statements and/or failed to disclose that: Chipotle's portion sizes were inconsistent and left many customers dissatisfied with Chipotle's offerings and Chipotle would have increased costs to ensure more generous portion sizes.
Chipotle shareholders sue over fallout from skimping on portion sizes
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.
Chipotle shareholders sue after stock hammered by fallout from skimping on 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
news.bloomberglaw
1d
Chipotle Hit by Securities Suit for Irregular Portion Sizes (1)
Chipotle
Mexican
Grill
Inc. allegedly misled investors over the restaurant chain’s financial health as customers ...
1d
on MSN
Chipotle Mexican Grill names Scott Boatwright as permanent CEO
(Reuters) -Chipotle Mexican Grill on Monday named interim boss Scott Boatwright as permanent CEO of the burrito chain, months ...
4h
Chipotle Rival CAVA Surges Over 17% As Q3 Earnings Beat Expectations And Full-Year Outlook Improves
The fast-casual chain, known for its Mediterranean-inspired cuisine, reported earnings of 15 cents per share, surpassing the ...
Nation's Restaurant News
1d
Scott Boatwright named Chipotle’s permanent CEO
Chipotle Mexican Grill has dropped “interim” from chief executive officer Scott Boatwright’s title, today announcing that ...
3h
Chipotle expands with two new Central Florida locations
Chipotle Mexican Grill is expanding with two restaurants at Orange County's eastern and western poles. The California-based ...
1d
The Latest Analyst Ratings For Chipotle Mexican Grill
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $65.21, ...
6d
Chipotle: Both The Business And The Investment Are Very Simple
Chipotle Mexican Grill's long-term growth is driven by store expansion, comparable sales growth, and operational excellence.
Business Wire
9h
CMG Investors Have Opportunity to Lead Chipotle Mexican Grill, Inc. Securities Fraud Lawsuit with the Schall Law Firm
CMG Investors Have Opportunity to Lead Chipotle Mexican Grill, Inc. Securities Fraud Lawsuit with the Schall Law Firm ...
The Star
18h
Chipotle names Scott Boatwright as new CEO
LOS ANGELES:
Chipotle
Mexican
Grill
Inc has announced Scott Boatwright as its permanent chief executive officer (CEO), ...
4d
Chipotle to open second location in one of North Carolina's fastest-growing counties
Chipotle will open a new location in Garner in 2025. This will be the second Chipotle in Johnston County. Johnston County's ...
obj
2d
Expansion fast lane: Chipotle to feature digital-order drive-thru pickup at new Stittsville location
Chipotle Mexican Grill will open its second Ottawa location in Stittsville this Thursday, the brand confirmed in an email to ...
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