NEW YORK, April 14, 2023 /PRNewswire/ — Jakubowitz Law announced that a securities fraud class action lawsuit has commenced on behalf of shareholders of Dutch Bros Inc. (NYSE: BROS).

To receive updates on the lawsuit, fill out the form:

The lawsuit seeks to recover losses for shareholders who purchased Dutch Bros between March 1, 2022 and May 11, 2022.

Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 1, 2023 to petition the court. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

According to a filed complaint, Dutch Bros Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing increased costs and expenses, including on dairy; (2) as a result, the Company experienced increased margin pressure and decreased profitability in the first quarter of 2022; and (3) as a result of the foregoing, the defendant’s positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been victims of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

1140 Avenue of the Americas
New York, New York 10036
Q: (628) 895-0423
F: (212) 537-5887

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SOURCE Jakubowitz Law

By zonxe