INVESTOR ALERT: Securities Class Action Filed Against Beyond Meat – Contact Kirby McInerney LLP
INVESTOR ALERT: Securities Class Action Filed Against Beyond Meat – Contact Kirby McInerney LLP
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Beyond Meat, Inc. (“Beyond Meat” or the “Company”) (NASDAQ:BYND) securities during the period of February 27, 2025 through November 11, 2025, inclusive (“the Class Period”).
If you suffered a loss on your Beyond Meat investments, you have until March 24, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff applications submitted after this deadline. If you choose to take no action, you may remain an absent class member. For more information about the lawsuit:
[CONTACT THE FIRM IF YOU SUFFERED A LOSS]
What Is This Lawsuit About? The lawsuit alleges that (i) the book value of long-lived assets exceeded their fair value, making it highly likely that the Company would be required to record a material, non-cash impairment charge; (ii) the foregoing was likely to impair Beyond Meat’s ability to timely file its periodic filings with the U.S. Securities and Exchange Commission.
On October 24, 2025, Beyond Meat reported preliminary financial results for the third quarter of 2025 (“Q3 2025”). Therein, the Company announced that it “expects to record a non-cash impairment charge for the three months ended September 27, 2025, related to certain of its long-lived assets,” which it “expected to be material.” On this news, Beyond Meat shares declined by $0.65 per share, or approximately 22.89%, to close at $2.19 on October 24, 2025.
Then, on November 3, 2025, the Company delayed its earnings announcement for 3Q 25, citing the need for more time to complete its impairment review. On this news, Beyond Meat shares declined by $0.27 per share, or approximately 16.27%, to close at $1.39 on November 3, 2025.
On November 10, 2025, Beyond Meat announced financial results for 3Q 2025, reporting a loss from operations for the quarter of $112.3 million, which included a $77.4 million non-cash impairment charge “related to certain of the Company’s long-lived assets.” On this news, Beyond Meat shares declined by $0.12 per share, or approximately 8.96%, to close at $1.22 on November 11, 2025.
Finally, on November 11, 2025, Beyond Meat disclosed on its 3Q 2025 earnings call with investors and analysts that “[t]he total impairment amount of $77.4 million was . . . allocated to PP&E, operating lease ROU assets and prepaid lease costs on our balance sheet.” On this news, Beyond Meat’s shares fell an additional $0.11 per share, or approximately 8.61%, to close at $1.12 per share on November 12, 2025.
[LEARN MORE ABOUT THE LAWSUIT]
The Lead Plaintiff Appointment Process. The federal securities laws permit any investor who acquired eligible securities during the class period to seek appointment as lead plaintiff in a class action lawsuit. Courts typically appoint the investor(s) with the largest financial loss in the case and the ability to represent the class rather than investors with simply the largest investment portfolio. Courts regularly appoint individual investors, whether acting alone or as a group, as lead plaintiffs. The rights of any investor who bought shares during the class period are generally already protected. However, lead plaintiffs have the power to influence case strategy and have a say in settlement decisions, as well as decisions concerning allocation of settlement funds among class members.
[LEARN MORE ABOUT THE LEAD PLAINTIFF PROCESS]
What Should I Do? If you purchased or otherwise acquired Beyond Meat securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Kirby McInerney LLP
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
investigations@kmllp.com
