Beyond Meat Inc
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Consumer Staples : Food Products | Mid Cap Growth
Company profile

Beyond Meat, Inc. offers plant-based burgers. The Company offers its products in a range of categories, such as The Beyond Burger, Beyond Sausage, Beyond Beef Crumbles and Beyond Chicken Strips. The Company sells a range of plant-based products across the three main meat platforms of beef, pork and poultry. It provides Beyond Mushroom Bacon Cheeseburger, Chef Spike’s Original Brat, Roasted Garlic & Italian Sausage Pasta, Beyond Beef Tacos and April Ross’ Butternut Squash Mac-N-Cheese. The Company also offers Beyond Spring Burger, Beyond Nacho Burger, Beyond Sausage Stuffed Peppers, Tuscan Style Beyond Sausage Pasta, Beyond Brat Breakfast Burrito, Beyond Beef Fiesta Power Bowl, Beyond Beef Nachos, Truffle Mac & Cheese Beyond Burger, Love & Lemons Guacamole Beyond Burger and Beyond Burger Tostada With Marinated Kale.

Closing Price
$184.14
Day's Change
0.56 (0.31%)
Bid
--
Ask
--
B/A Size
--
Day's High
188.59
Day's Low
181.10
Volume
(Light)
Volume:
2,255,048

10-day average volume:
3,944,401
2,255,048

LEVI & KORSINSKY, LLP INVESTIGATES: Allegations Against The Bank of New York Mellon Corporation and Deutsche Bank Aktiengesellschaft

6:16 pm ET September 21, 2020 (Accesswire) Print

NEW YORK, NY / ACCESSWIRE / September 21, 2020 / Levi & Korsinsky notifies investors that it has commenced investigations of several companies concerning possible violations of federal securities laws.

On September 20, BuzzFeed News and the International Consortium of Investigative Journalists (ICIJ) published the FinCEN Files, a comprehensive investigation of global financial institutions involving "more than 400 reporters in 88 countries". The FinCEN Files investigation purportedly "reveal[s] how some of the world's biggest banks have facilitated the work of notorious terrorists, drug cartels, and despots" and centers around more than 2,100 suspicious activity reports ("SARs") submitted to the US Treasury Department's Financial Crimes Enforcement Network ("FinCEN"). Banks and other financial institutions submit SARs when they observe transactions that suggest money laundering or other illegal activity, and while these reports can support investigations and intelligence gathering, they are not by themselves evidence of a crime. The FinCen Files included SARs filed by nearly 90 financial institutions, including those below:

The Bank of New York Mellon Corporation (NYSE:BK) To receive more information about this investigation, click here:https://www.zlk.com/pslra-1/the-bank-of-new-york-mellon-corporation-information-request-form

One of the Buzzfeed articles published as a result of the FinCEN Files investigation puts Bank of New York Mellon second on a list of the most common filers of SARs, with 325 SARs flagging a total of $64 billion. Another article included Bank of New York Mellon on a list of financial institutions that continued to move money for suspected criminals even after they were prosecuted or fined for financial misconduct.

Following these articles, shares of Bank of New York Mellon fell by more than 5%.

Deutsche Bank Aktiengesellschaf (NYSE:DB) To receive more information about this investigation, click here:https://www.zlk.com/pslra-1/deutsche-bank-aktiengesellschaft-information-request-form

One of the Buzzfeed articles published as a result of the FinCEN Files investigation states, among myriad other claims, that "Deutsche managers, including top executives, had direct knowledge for years of serious failings that left the bank vulnerable to money launderers. Documents show two warnings sent to committees that included Paul Achleitner, Deutsche's chair, and one sent to the bank's supervisory board."

Deutsche Bank's share price plummeted nearly 10% in intraday trading on September 21, 2020.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:Levi & Korsinsky, LLPJoseph E. Levi, Esq.55 Broadway, 10th FloorNew York, NY 10006Tel: (212) 363-7500Fax: (212) 363-7171www.zlk.com

SOURCE: Levi & Korsinsky, LLP

View source version on accesswire.com: https://www.accesswire.com/607120/LEVI-KORSINSKY-LLP-INVESTIGATES-Allegations-Against-The-Bank-of-New-York-Mellon-Corporation-and-Deutsche-Bank-Aktiengesellschaft

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