{"id":406959,"date":"2020-12-31T12:41:29","date_gmt":"2020-12-31T17:41:29","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=406959"},"modified":"2020-12-31T12:41:29","modified_gmt":"2020-12-31T17:41:29","slug":"qsr-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-restaurant-brands-international-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/qsr-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-restaurant-brands-international-inc\/","title":{"rendered":"QSR SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Restaurant Brands International Inc."},"content":{"rendered":"
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NEW YORK, Dec. 31, 2020 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Restaurant Brands International Inc. (“Restaurant Brands” or the “Company”) (NYSE: QSR) from April 29, 2019 through October 28, 2019 (the “Class Period”). The lawsuit filed in the United States District Court for the Southern District of New York alleges violations of the Securities Exchange Act of 1934.<\/p>\n

If you\u00a0purchased Restaurant Brands securities, and\/or would like to discuss your legal rights and options<\/strong>\u00a0please visit\u00a0Restaurant Brands<\/a> Shareholder Class Action Lawsuit<\/a>\u00a0or contact\u00a0Matthew E. Guarnero<\/a>\u00a0toll free at\u00a0(877) 779-1414<\/strong>\u00a0or\u00a0MGuarnero@bernlieb.com<\/a><\/p>\n

The complaint alleges that the Defendants\u2019 Shelf Registration Statements featured false and\/or misleading statements and\/or failed to disclose that: (1) Restaurant Brands\u2019 \u201cWinning Together Plan\u201d was failing to generate substantial improvement within the Tim Hortons brand; (2) the \u201cTims Rewards\u201d loyalty program was not generating sustainable revenue growth as increased customer traffic was not offsetting promotional discounting; and (3) as a result, the Defendants\u2019 statements about Restaurant Brands\u2019 business, operations, and prospects lacked a reasonable basis.<\/p>\n

On October 28, 2019, the Company announced disappointing financial results for the third quarter. Restaurant Brands and its executives acknowledged that \u201cresults at Tim Hortons were not where we want them to be with global comparable sales dipping into negative territory\u201d and admitted that \u201cdiscounting [associated with \u201cTims Rewards\u201d] is slightly more than offsetting the traffic levels,\u201d leading to \u201csoftness in sales.\u201d<\/p>\n

On this news, the Company\u2019s stock price fell $2.59, or approximately 4%, to close at $65.86 per share on October 28, 2019.<\/p>\n

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 19, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn\u2019t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.<\/p>\n

If you\u00a0purchased Restaurant Brands securities, and\/or would like to discuss your legal rights and options<\/strong>\u00a0please visit\u00a0https:\/\/www.bernlieb.com\/cases\/restaurantbrandsinternational-qsr-shareholder-class-action-lawsuit-fraud-stock-348\/apply\/<\/a> or contact\u00a0Matthew E. Guarnero<\/a>\u00a0toll free at\u00a0(877) 779-1414<\/strong>\u00a0or\u00a0MGuarnero@bernlieb.com<\/a><\/p>\n

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal\u2019s \u201cPlaintiffs\u2019 Hot List\u201d thirteen times and listed in The Legal 500 for ten consecutive years.<\/p>\n

ATTORNEY ADVERTISING. \u00a9 2020 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.<\/p>\n

Contact Information<\/p>\n

Matthew E. Guarnero
Bernstein Liebhard LLP
https:\/\/www.bernlieb.com
(877) 779-1414
MGuarnero@bernlieb.com<\/p>\n

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<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Dec. 31, 2020 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Restaurant Brands International Inc. (“Restaurant Brands” or the “Company”) (NYSE: QSR) from April 29, 2019 through October 28, 2019 (the “Class Period”). The lawsuit filed in the United States District Court for the Southern District of New York alleges violations of the Securities Exchange Act of 1934. If you\u00a0purchased Restaurant Brands securities, and\/or would like to discuss your legal rights and options\u00a0please visit\u00a0Restaurant Brands Shareholder Class Action Lawsuit\u00a0or contact\u00a0Matthew E. Guarnero\u00a0toll … <\/p>\n

Continue reading “QSR SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Restaurant Brands International Inc.”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-406959","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nQSR SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Restaurant Brands International Inc. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/qsr-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-restaurant-brands-international-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QSR SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Restaurant Brands International Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Dec. 31, 2020 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Restaurant Brands International Inc. 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(“Restaurant Brands” or the “Company”) (NYSE: QSR) from April 29, 2019 through October 28, 2019 (the “Class Period”). The lawsuit filed in the United States District Court for the Southern District of New York alleges violations of the Securities Exchange Act of 1934. If you\u00a0purchased Restaurant Brands securities, and\/or would like to discuss your legal rights and options\u00a0please visit\u00a0Restaurant Brands Shareholder Class Action Lawsuit\u00a0or contact\u00a0Matthew E. Guarnero\u00a0toll … Continue reading \"QSR SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Restaurant Brands International Inc.\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/qsr-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-restaurant-brands-international-inc\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-31T17:41:29+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExOTMxMyMzOTAxMDQ2IzIwMjkzNDk=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qsr-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-restaurant-brands-international-inc\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qsr-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-restaurant-brands-international-inc\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"QSR SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Restaurant Brands International Inc.","datePublished":"2020-12-31T17:41:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qsr-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-restaurant-brands-international-inc\/"},"wordCount":572,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qsr-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-restaurant-brands-international-inc\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExOTMxMyMzOTAxMDQ2IzIwMjkzNDk=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qsr-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-restaurant-brands-international-inc\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/qsr-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-restaurant-brands-international-inc\/","name":"QSR SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Restaurant Brands International Inc. - 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