Class Action Reports

Restaurant Brands International Inc. Class Action Lawsuits

Matt Snitzer

January 13, 2021

Levi & Korsinsky, LLP reminds shareholders that a QSR class action lawsuit has been commenced on behalf of investors who purchased Restaurant Brands International (QSR) securities between April 29, 2019 and October 28, 2019. For more on the Restaurant Brands Class Action please contact us today.

 

According to the Restaurant Brands lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s Winning Together Plan was failing to generate substantial, sustainable improvement within the Tim Hortons brand; (2) the Tims Rewards loyalty program was not generating sustainable revenue growth as increased customer traffic was not offsetting promotional discounting; and (3) as a result, Defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE QSR CLASS ACTION, CLICK HERE

 

If you suffered a loss in Restaurant Brands you have until February 19, 2021  to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com