Allbirds Lawsuit Submission Form

Company: Allbirds, Inc.

Ticker: (NASDAQ) BIRD

Deadline

Passed

Lead Plaintiff Deadline: June 12, 2023

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Allegations

The filed complaint alleges that Allbirds, Inc. made materially false and/or misleading statements and/or failed to disclose that:

(1) Allbirds was overemphasizing products that extended beyond the Company’s core offerings; (2) the Company’s non-core products had a narrower appeal and were not resonating with customers as well as the Company’s core products; (3) Allbirds was underinvesting in its core consumers’ favorite products to push the Company’s newer products with narrower appeal; (4) underinvesting in Allbirds’ core products was negatively impacting the Company’s sales; 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.