SBUX INVESTOR ALERT: Starbucks Corporation Investors Who Suffered Significant Losses Have Opportunity to Lead Class Action Lawsuit

San Diego, California–(Newsfile Corp. – September 10, 2024) – Law Firm Law Firm of Robbins Geller Rudman & Dowd LLP Announces that purchasers or transferees of Starbucks Corporation (NASDAQ: SBUX) securities between November 2, 2023 and April 30, 2024, inclusive (the “Class Period”) have until October 28, 2024 to move to be appointed as lead plaintiffs Starbucks class action lawsuit. Signature Garbaccio v. Starbucks Corporation, No. 24-cv-01362 (WD Wash.), Starbucks A class action lawsuit accuses Starbucks and certain members of its executives of violating the Securities Exchange Act of 1934.

If you have suffered significant losses and wish to serve as lead plaintiff Starbucks class action lawsuit, please provide your details here:

https://www.rgrdlaw.com/cases-starbucks-corporation-class-action-lawsuit-sbux.html

You can also contact lawyers JC Sanchez Or Jennifer N. Caringal Robbins Geller Company by calling 800/449-4900 or by e-mail: [email protected].

CHARGES OF THE CASE:Starbucks, together with its subsidiaries, operates worldwide as a roaster, distributor and retailer of coffee.

This Starbucks The class action lawsuit alleges that Defendants made materially false and/or misleading statements throughout the Class Period and failed to disclose that: (i) Defendants created the false impression that they had credible information regarding Starbucks’ projected prospects and anticipated growth while mitigating risks arising from seasonality and growth in foreign markets, particularly China; (ii) Starbucks’ Reinvention platform, which Starbucks claimed would prioritize global business growth, failed to meet Starbucks’ stated measures; and (iii) Starbucks’ plan was not adequately prepared to address existing macroeconomic and competitive uncertainties, particularly in the Chinese market.

This Starbucks The class action lawsuit further alleges that on April 30, 2024, Starbucks announced disappointing results for the second quarter of 2024, stating that global store sales were down 4% and traffic was down 7%, and further disclosed a 2% decline in new revenue to $8.6 billion. Starbucks also lowered its fiscal 2024 guidance, citing global declines in store sales, net revenue, and GAAP and non-GAAP profits, according to the lawsuit. Starbucks The class action lawsuit alleges that Starbucks’ stock price dropped more than 15% following the news.

LEADER PLAINTIFF’S TRIAL:The Private Securities Litigation Reform Act of 1995 allows any investor who purchased or acquired Starbucks securities during the Class Period to seek nomination as lead plaintiff in the class action. Starbucks class action. The lead plaintiff is typically the plaintiff who has the strongest financial interest in the relief sought by the putative class, and who is also typical of and appropriate for the putative class. The lead plaintiff acts on behalf of all other class members, directing Starbucks class action lawsuit. The lead plaintiff may select a law firm of his or her choice to handle the dispute Starbucks class action lawsuit. An investor’s ability to share in a potential future recovery is not contingent upon serving as lead plaintiff Starbucks class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud cases. Our firm has been ranked #1 by ISS Securities Class Action Services for six of the last ten years for providing investors with the largest monetary relief. We have recovered $6.6 billion for investors in securities class action cases – more than $2.2 billion more than any other law firm in the last four years. With 200 lawyers in 10 offices, Robbins Geller is one of the largest law firms in the world, and the firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest recovery in securities class action history – $7.2 billion – in In the Enron Corp. case For more information, please visit:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

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