New York, New York--(Newsfile Corp. - October 14, 2021) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of The Boston Beer Company, Inc. (NYSE: SAM) alleging that the Company violated federal securities laws.
Class Period: April 22, 2021 and September 8, 2021
Lead Plaintiff Deadline: November 15, 2021
No obligation or cost to you.
Learn more about your recoverable losses in SAM:
The Boston Beer Company, Inc. NEWS - SAM NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that The Boston Beer Company, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Boston Beer's hard seltzer sales were decelerating; (2) as a result, Boston Beer was reasonably likely to incur inventory write-offs; (3) the Company was reasonably likely to incur shortfall fees payable to third party brewers; (4) as a result of the foregoing, Boston Beer's financial results would be adversely impacted; 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.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Boston Beer you have until November 15, 2021 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Boston Beer securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
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