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Investigation announced for Investors in shares of BRC Inc. (NYSE: BRCC) over possible Violations of Securities Laws

05-13-2022 10:36 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in BRC Inc. (NYSE: BRCC) shares over potential securities laws violations by BRC Inc. was announced

An investigation for investors in BRC Inc. (NYSE: BRCC) shares over potential securities laws violations by BRC Inc. was announced

An investigation was announced concerning potential securities laws violations by BRC Inc. in connection with certain financial statements.

Investors who purchased shares of BRC Inc. (NYSE: BRCC), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by BRC Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Salt Lake City CA based BRC Inc., through its subsidiaries, purchases, roasts, and sells coffee, coffee accessories, and branded apparel. BRC Inc. reported that its annual Total Revenue rose from $163.9 million in 2020 to $233.1 million in 2021, and that its Net Income of $4.32 million in 2020 turned into a Net Loss of $13.84 million in 2021.

Shares of BRC Inc. (NYSE: BRCC) declined from $34.00 per share on April 12, 2022, to as low as $8.78 per share on May 12, 2022.

Those who purchased shares of BRC Inc. (NYSE: BRCC) have certain options and should contact the Shareholders Foundation.

Contact:
Christopher Clausen
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.

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