Deadline on Nov. 11th coming up in Lawsuit for Investors in The Boston Beer Company, Inc. (NYSE: SAM)

A deadline is coming up on November 11, 2021 in the lawsuit filed for certain investors of The Boston Beer Company, Inc. (NYSE: SAM) over alleged securities laws violations by The Boston Beer Company, Inc.

Investors who purchased shares of The Boston Beer Company, Inc. (NYSE: SAM) have certain options and there are strict and short deadlines running. Deadline: November 11, 2021. The Boston Beer Company, Inc. (NYSE: SAM) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges on behalf of purchasers of The Boston Beer Company, Inc. (NYSE: SAM) common shares between April 22, 2021 and September 8, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 22, 2021 and September 8, 2021, the Defendants failed to disclose to investors that Boston Beer’s hard seltzer sales were decelerating, that, as a result, Boston Beer was reasonably likely to incur inventory write-offs, that the Company was reasonably likely to incur shortfall fees payable to third party brewers, that, as a result of the foregoing, Boston Beer’s financial results would be adversely impacted, and that, 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.

Those who purchased shares of The Boston Beer Company, Inc. (NYSE: SAM) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.