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DUTCH BROS ALERT: Bragar Eagel & Squire, P.C. is Investigating Dutch Bros, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

By: Bragar Eagel & Squire, P.C. via Business Wire
July 21, 2023 at 02:11 AM EDT

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Dutch Bros, Inc. (NYSE: BROS) on behalf of long-term stockholders following a class action complaint that was filed against Dutch Bros on March 2, 2023 with a Class Period from March 1, 2022 to May 11, 2022. Our investigation concerns whether the board of directors of Dutch Bros have breached their fiduciary duties to the company.

During the Class Period, Defendants made materially false and/or misleading statements, and failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Company was experiencing increased costs and expenses, including on dairy; (2) that, as a result, the Company was experiencing increased margin pressure and decreased profitability in the first quarter of 2022; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you are a long-term stockholder of Dutch Bros, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230720684543/en/

Contacts

Bragar Eagel & Squire, P.C.

Brandon Walker, Esq.

Marion Passmore, Esq.

(212) 355-4648

investigations@bespc.com

www.bespc.com

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