LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of McDonald’s Corporation (“McDonald’s” or “the Company”) (NYSE: MCD) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. McDonald’s has been the subject of multiple lawsuits for sexual and racial discrimination. The ACLU announced the filing of 25 lawsuits against the Company on May 21, 2019, all related to sex discrimination and workplace retaliation. CEO Steve Easterbrook was terminated on November 3, 2019, for an undisclosed relationship with an employee. Two employees filed a racial discrimination lawsuit on January 7, 2020, alleging a hostile work environment.
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The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
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