The Schall Law Firm Reminds Investors of Class Action Lawsuit Against Domino’s Pizza, Inc.

LOS ANGELES, CA / ACCESSWIRE / October 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Domino’s Pizza, Inc. (“Domino’s” or “the Company”) (NYSE:DPZ) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company’s securities between December 7, 2023 and July 17, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before November 19, 2024.

The Allegations

The class action lawsuit alleges that Domino’s made false and/or misleading statements and/or failed to disclose that: (1) the Company’s financial results had been significantly overstated due to its reliance on off-balance-sheet leasing; (2) Domino’s lacked adequate internal controls over financial reporting; and (3) as a result of the above, the Company’s public statements were materially false and misleading at all relevant times.

Potential Impact

If the allegations are proven true, investors who purchased Domino’s securities during the Class Period may be entitled to compensation for their losses. The outcome of this lawsuit could have a significant impact on the reputation and financial standing of Domino’s Pizza, Inc.

How This Will Affect Me

As an individual investor, if you purchased Domino’s Pizza, Inc. securities between December 7, 2023 and July 17, 2024, you may be part of the class action lawsuit. If the allegations are proven true, you could be entitled to compensation for any losses incurred during this period.

How This Will Affect the World

This class action lawsuit against Domino’s Pizza, Inc. could have broader implications for the corporate world as a whole. If the Company is found guilty of violating securities laws, it could lead to increased scrutiny and regulation of financial reporting practices in the industry.

Conclusion

Investors should stay informed about the developments of the class action lawsuit against Domino’s Pizza, Inc. and consider their legal options. It is important to seek guidance from professionals to understand the potential impact on your investments and take appropriate action.