A Starbucks shareholder has filed a securities class action in Washington federal court, claiming the coffee company misled investors on the expected success of its "Triple Shot Reinvention" strategy.
August 29, 2024 at 03:50 PM
2 minute read
A Starbucks shareholder has filed a securities class action in Washington federal court, claiming the coffee company misled investors on the expected success of its ”Triple Shot Reinvention” strategy.
Breskin Johnson & Townsend and Levi & Korsinsky are representing the shareholder plaintiff, who on Aug. 28 filed a complaint against Starbucks, CEO Laxman Narasimhan and Executive Vice President Rachel Ruggeri in the Western District of Washington.
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