According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that:
- the Company misrepresented to its pre-Merger investors what its strategy would be for once the Merger was completed;
- the Company had overstated the effectiveness of its acquisition and growth strategies;
- the Company had misrepresented to investors the purported benefits of the Anthony’s Coal Fired Pizza & Wings acquisition and its post-Anthony’s business and financial prospects; and
- as a result, the Company’s 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.
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