SAN DIEGO, CA, September 7, 2024 (Newswire.com)
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A lawsuit was filed for certain investors in Starbucks Corporation (NASDAQ:SBUX) shares. Investors in NASDAQ:SBUX shares should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in Starbucks Corporation (NASDAQ:SBUX) shares.
Investors that purchased shares of Starbucks Corporation (NASDAQ: SBUX) have certain options and for certain investors are short and strict deadlines running. Deadline: October 28, 2024. NASDAQ: SBUX investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
On November 2, 2023, Starbucks Corporation announced its 2023 full year fiscal highlights. On an earnings call the same day, the CFO of Starbucks Corporation outlined fiscal year 2024 guidance.
On January 30, 2024, Starbucks Corporation published their first quarter fiscal 2024 results and reduced their projections for fiscal year 2024.
Then on April 30, 2024, after market hours, Starbucks announced its second quarter fiscal 2024 earnings and the accompanying same-day earnings call. Starbucks Corporation additionally lowered their guidance for FY 2024, citing global declines in store sales, net revenues, and both GAAP and non- GAAP earnings. The Company attributed its results and lowered guidance on the issues Starbucks was facing in China
On August 28, 2024, a lawsuit was filed by an investor in NASDAQ: SBUX shares against Starbucks Corporation over alleged securities laws violations. The plaintiff alleged that the defendants made false and/or materially misleading statements about the Company’s projected revenue outlook and anticipated growth while also minimizing risk from seasonality and growth in foreign markets, particularly China.
Those who purchased Starbucks Corporation (NASDAQ: SBUX) shares should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
Contact Information
Michael Daniels
Manager
mail@shareholdersfoundation.com
858-779-1554
SOURCE: Shareholders Foundation, Inc.
Source: Shareholders Foundation, Inc.
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