New York, New York--(Newsfile Corp. - January 26, 2021) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Restaurant Brands International Inc. (NYSE: QSR) alleging that the Company violated federal securities laws.
Class Period: April 29, 2019 and October 28, 2019
Lead Plaintiff Deadline: February 19, 2021
Learn more about your recoverable losses in QSR:
http://www.kleinstocklaw.com/pslra-1/restaurant-brands-international-inc-loss-submission-form?id=12425&from=5
The filed complaint alleges that Restaurant Brands International Inc. made materially 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.
Shareholders have until February 19, 2021 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
For additional information about the QSR lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click the link above.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/72845
