NEW YORK, November 12, 2021–(BUSINESS WIRE)–Attorney Advertising–Bronstein, Gewirtz & Grossman, LLC notifies investors that a chic activity accusation has been filed adjoin The Boston Beer Company, Inc. (“Boston Beer” or the “Company”) (NYSE: SAM) and assertive of its officers, on account of shareholders who purchased or contrarily acquired Boston Beer balance amid April 22, 2021, and September 8, 2021, across-the-board (the “Class Period”). Such investors are encouraged to accompany this case by visiting the firm’s site: www.bgandg.com/sam.
This chic activity seeks to balance amercement adjoin Defendants for declared violations of the federal balance laws beneath the Balance Exchange Act of 1934.
The complaint alleges that throughout the Chic Period, Defendants fabricated apocryphal and/or ambiguous statements and/or bootless to acknowledge that: (1) Boston Beer’s adamantine seltzer sales were decelerating; (2) as a result, Boston Beer was analytic acceptable to acquire account write-offs; (3) the Company was analytic acceptable to acquire arrears fees payable to third affair brewers; (4) as a aftereffect of the foregoing, Boston Beer’s banking after-effects would be abnormally impacted; and (5) as a aftereffect of the foregoing, Defendants’ absolute statements about the Company’s business, operations, and affairs were materially ambiguous and/or lacked a reasonable basis.
A chic activity accusation has already been filed. If you ambition to analysis a archetype of the Complaint you can appointment the firm’s site: www.bgandg.com/sam or you may acquaintance Peretz Bronstein, Esq. or his Broker Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a accident in Boston Beer you accept until November 15, 2021, to appeal that the Court accredit you as advance plaintiff. Your adeptness to allotment in any accretion doesn’t crave that you serve as a advance plaintiff.
Bronstein, Gewirtz & Grossman, LLC is a accumulated activity boutique. Our primary ability is the advancing following of activity claims on account of our clients. In accession to apery institutions and added broker plaintiffs in chic activity aegis litigation, the firm’s ability includes accepted accumulated and bartering litigation, as able-bodied as balance arbitration. Attorney advertising. Prior after-effects do not agreement agnate outcomes.
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View antecedent adaptation on businesswire.com: https://www.businesswire.com/news/home/20211112005001/en/
Contacts
Bronstein, Gewirtz & Grossman, LLCPeretz Bronstein or Yael Nathanson212-697-6484 | info@bgandg.com
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