BYND LAWSUIT ALERT: Levi & Korsinsky Notifies Beyond Meat, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

BYND LAWSUIT ALERT: Levi & Korsinsky Notifies Beyond Meat, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, July 07, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Beyond Meat, Inc. ("Beyond Meat" or the "Company") (NASDAQ: BYND) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Beyond Meat investors who were adversely affected by alleged securities fraud between May 5, 2020 and October 13, 2022. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/beyond-meat-lawsuit-submission-form?prid=41807&wire=3

BYND investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: 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.

WHAT'S NEXT? If you suffered a loss in Beyond Meat during the relevant time frame, you have until July 10, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 4th Floor Suite #427
New York, NY 10006
[email protected] 
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com