A Deadline is coming up on October 16, 2012 in the lawsuit for investors in Chipotle Mexican Grill, Inc. (NYSE:CMG) and NYSE:CMG stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 10/01/2012 -- A deadline is coming up on October 16, 2012 in the lawsuit filed for investors of Chipotle Mexican Grill, Inc. (NYSE:CMG) over alleged securities laws violations in connection with certain allegedly false and misleading statements made by Chipotle Mexican Grill, Inc.
Investors with a substantial investment in Chipotle Mexican Grill, Inc. (NYSE:CMG) shares between February 1, 2012 and July 19, 2012, should get active before the Deadline that is coming up on October 16, 2012, and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the District of Colorado the plaintiff alleges on behalf of purchasers of Chipotle Mexican Grill, Inc. (NYSE:CMG) common stock during the period between February 1, 2012 and July 19, 2012, that Chipotle Mexican Grill, Inc. and certain of its officers and directors violated the Securities Exchange Act of 1934 by issuing between February 1, 2012 and July 19, 2012 allegedly materially false and misleading statements regarding the Company’s business and prospects.
The plaintiff says that as a result of defendants’ allegedly false statements, NYSE:CMG stock traded at artificially inflated prices between February 1, 2012 and July 19, 2012 , reaching a high of $440.40 per share on April 13, 2012.
Then on July 19, 2012, after the market closed, Chipotle Mexican Grill, Inc. reported its second quarter 2012 results.
Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) fell from $404.24 on July 19, 2012, to as low as $280.67 per share on August 1, 2012.
On September 28, 2012, NYSE:CMG shares closed at $317.54 per share.
Those who purchased shares of Chipotle Mexican Grill, Inc. (NYSE:CMG), have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com