NEW YORK CITY, NY / ACCESSWIRE / November 20, 2024 / Pomerantz LLP is investigating claims on behalf of investors of McDonald's Corporation ("McDonald's" or the "Company") (NYSE:MCD). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether McDonald's and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On October 22, 2024, the Centers for Disease Control issued a warning about an outbreak of E. coli in Colorado and Nebraska linked to McDonald's Quarter Pounder hamburgers.
On this news, McDonald's stock price fell $16.12 per share, or 5.12%, to close at $298.57 per share on October 23, 2024.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, London, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
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SOURCE: Pomerantz LLP