SAM Class Action: Learn About the The Boston Beer Company Lawsuit
Levi & Korsinsky, LLP
September 17, 2021
Levi & Korsinsky, LLP announces that a SAM class action lawsuit has been filed on behalf of investors who purchased The Boston Beer Company, Inc. (SAM) securities between April 22, 2021, and September 8, 2021. For more on the SAM Lawsuit please contact us today.
According to the Boston Beer Company lawsuit, throughout the Class Period defendants made 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.
TO LEARN MORE ABOUT THE SAM CLASS ACTION LAWSUIT, CLICK HERE
If you suffered a loss in The Boston Beer Company you have until November 15, 2021, 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.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com