Bronstein, Gewirtz & Grossman, LLC Investigates Potential Securities Fraud Claims Against Domino’s Pizza, Inc.
New York, NY – In a recent press release, Bronstein, Gewirtz & Grossman, LLC, a leading securities fraud class action law firm, announced that it is investigating potential securities fraud claims on behalf of purchasers of Domino’s Pizza, Inc. (Domino’s or the Company) (NYSE:DPZ) securities. The investigation concerns alleged violations of the federal securities laws.
Background
Domino’s Pizza, Inc. is a leading global pizza delivery and carryout company, with a significant business in both the domestic and international markets. The Company operates through its franchisees and company-owned stores. Domino’s reportedly has more than 17,000 stores in over 85 markets worldwide.
The Allegations
Bronstein, Gewirtz & Grossman, LLC’s investigation focuses on whether Domino’s and certain of its executives and directors made false and misleading statements to the market. The law firm is investigating whether the Company failed to disclose material information regarding its business, operations, and prospects.
Timeline of Events
The investigation covers securities transactions from prior to December 7, 2023. This date is significant because on December 8, 2023, Domino’s reported its fourth quarter and full-year 2023 financial results. The Company reported lower-than-expected revenue and earnings, citing increased competition and labor shortages as major contributing factors.
Impact on Investors
The investigation may have significant implications for investors who purchased Domino’s securities prior to December 7, 2023, and continue to hold to the present. If the allegations are proven true, these investors may be able to recover their losses through the securities class action.
Impact on the World
The potential securities fraud case against Domino’s Pizza, Inc. could have far-reaching implications for the global pizza industry. The investigation may lead to increased scrutiny of other publicly-traded restaurant chains, particularly those in the fast-food sector, as investors grow more wary of potential accounting irregularities and financial misstatements.
Next Steps
Investors who purchased Domino’s securities prior to December 7, 2023, and continue to hold to the present, are encouraged to visit the firm’s site at bgandg.com/DPZ to learn more about the investigation and how they can assist. The law firm stresses that there is no cost or obligation to participate.
Bronstein, Gewirtz & Grossman, LLC is a leading securities fraud class action law firm. The firm has recovered billions of dollars for investors over the past two decades. If you believe that you have suffered a loss due to securities fraud, you can contact the firm’s attorneys at (212) 697-6484. The consultation is free of charge.
Conclusion
The investigation into potential securities fraud claims against Domino’s Pizza, Inc. is an important development for investors who purchased the Company’s securities prior to December 7, 2023. The case could have significant implications for the pizza industry as a whole, as increased scrutiny may lead to further investigations and potential legal action against other publicly-traded restaurant chains. Investors are encouraged to visit bgandg.com/DPZ to learn more about the investigation and how they can assist.
- Bronstein, Gewirtz & Grossman, LLC is investigating potential securities fraud claims against Domino’s Pizza, Inc.
- The investigation covers securities transactions prior to December 7, 2023.
- Domino’s reported lower-than-expected revenue and earnings in its Q4 and full-year 2023 financial results.
- The investigation may lead to increased scrutiny of other publicly-traded restaurant chains.
- Investors who purchased Domino’s securities prior to December 7, 2023, and continue to hold to the present, are encouraged to visit bgandg.com/DPZ for more information.
