According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that:
- Domino’s Pizza Enterprises (“DPE”), Domino’s largest master franchisee, was experiencing significant challenges with respect to both new store openings and closures of existing stores;
- as a result, Domino’s was unlikely to meet its own previously issued long-term guidance for annual global net store growth;
- accordingly, Domino’s business and/or financial prospects were overstated; and
- as a result, Domino’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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