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 filed a lawsuit on August 10, 2020, against former CEO Steve Easterbrook alleging that he destroyed evidence and lied about the inappropriate behavior that led to a separation agreement between the Company and its former CEO in November 2019. The Company failed to respond to Easterbrook’s inappropriate behavior and indeed was unaware of it for an extended period of time despite stating in SEC filings and in public comments that the Company maintained effective control procedures. Based on this news, investors in McDonald’s suffered damages.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
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.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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