Beyond Meat, Inc. Class Action Lawsuit – BYND

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

(i) the book value of certain of Beyond Meat’s long-lived assets exceeded their fair value, making it highly likely that the Company would be required to record a material, non-cash impairment charge; (ii) the foregoing was likely to impair Beyond Meat’s ability to timely file its periodic filings with the SEC; and (iii) as a result, defendants’ public statements were materially false and misleading at all relevant times.