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Lead Plaintiff Deadline: January 17, 2023
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14
May 2021
14
Nov 2022
(1) Bird was improperly recording revenue from its vehicle-sharing business and operations (“Sharing Revenue”) for certain trips by its customers where collection was not probable; (2) as such, Bird overstated its Sharing Revenue for the relevant quarters and fiscal year during the Class Period; (3) Bird failed to disclose that its internal controls were not effective as they relate to calculating Sharing Revenue recognition; (4) as a result, Bird would need to restate its previously disclosed Sharing Revenue; and (5) as a result, defendants’ public statements were materially false and misleading at all relevant times.
In order to be included in the lawsuit, you must have incurred a loss on shares of Bird, either: A) purchased or acquired during the class period listed above, if applicable; or B) pursuant to the Initial Public Offering (IPO) of Bird, if applicable.
If you suffered a loss in Bird during the relevant time frame, or pursuant to Bird’s IPO if listed above, you have until January 17, 2023 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.