Bird Global, Inc.

Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Bird Global, Inc. (NYSE: BRDS) between May 14, 2021 and November 14, 2022, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Bird’s investors under the federal securities laws. If you wish to serve as lead plaintiff, you must move the Court no later than January 17, 2023.

If you purchased Bird securities and would like to join the prospective action, please click “Join This Class Action.”

Class Period:May 14, 2021 and November 14, 2022
If you purchased Bird securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that:

  • Bird was improperly recording Sharing Revenue for certain trips by its customers where collection was not probable;
  • as such, Bird overstated its Sharing Revenue for the relevant quarters and fiscal year during the Class Period;
  • Bird failed to disclose that its internal controls were not effective as they relate to calculating Sharing Revenue recognition;
  • as a result, Bird would need to restate its previously disclosed Sharing Revenue; and
  • as a result, Defendants’ public statements were materially false and misleading at all relevant times.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Follow us on:
Company Name: Bird Global, Inc.
Stock Symbol: BRDS
Class Period: May 14, 2021 to November 14, 2022
Court: Central District of California

Why Rosen Law

The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

Scroll to Top