An investigation on behalf of current long term investors in BurgerFi International, Inc. (NASDAQ:BFI) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 08/15/2023 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of BurgerFi International, Inc.
Investors who are current long term investors in BurgerFi International, Inc. (NASDAQ: BFI) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: BFI stocks follows a lawsuit filed against BurgerFi International, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: BFI stocks, concerns whether certain BurgerFi International, Inc. directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that, the Defendants made false and/or misleading statements and/or failed to disclose that the Company had overstated the effectiveness of its acquisition and growth strategies, that the Company had misrepresented to investors the purported benefits of Anthony's Acquisition and its post-Business Combination business and financial prospects, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of BurgerFi International, Inc. (NASDAQ: BFI) have certain options and should contact the Shareholders Foundation.
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