{"id":411851,"date":"2021-01-11T08:03:17","date_gmt":"2021-01-11T13:03:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=411851"},"modified":"2021-01-11T08:03:17","modified_gmt":"2021-01-11T13:03:17","slug":"restaurant-brands-international-inc-corporation-investors-last-days-to-participate-actively-in-the-class-action-lawsuit-portnoy-law-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/restaurant-brands-international-inc-corporation-investors-last-days-to-participate-actively-in-the-class-action-lawsuit-portnoy-law-firm\/","title":{"rendered":"Restaurant Brands International, Inc. Corporation Investors: Last Days to Participate Actively in the Class Action Lawsuit; Portnoy Law Firm"},"content":{"rendered":"<h2>\nInvestors with losses are encouraged to contact the firm before February 19, 2021; click here to submit trade information<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>LOS ANGELES, Jan.  11, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TYfRa82MfuSPRP11mAzVh0iS4_eub94BVqO3hASUviBzcXDVdNqqK7gqt3bwuXW9csQyHwAaqz3DVtaumNu23iFI6R3P38PSp8j3y_H-9E8=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>The Portnoy Law Firm<\/u><\/a> advises investors that a class action lawsuit has been filed on behalf of <strong>Restaurant Brands International, Inc.<\/strong> (NYSE: QSR) investors that acquired shares between April 29, 2019 through October 28, 2019. Investors have until <em>February 19, 2021<\/em> to seek an active role in this litigation.<\/p>\n<p>Investors are encouraged to contact attorney <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5NNE3UNLXVFNZhqER2cVgEq26OAE9lgn1b3_lntTcX-R49QUDHwo-wrUN6APk8IwOy-rEsH7a4Cnwoa8uytvqIzZRR0OiOeEK5bJZXKc7zQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>Lesley F. Portnoy<\/u><\/a><u>,<\/u> to determine eligibility to participate in this action, by phone 310-692-8883 or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=k2gXyO4W-N7L2fB-zJ9nuNjgvyd-9BpDNU3jjwaZWC5uHYYfSo9vcKY0s1ZLgoD393Z1tlSK17cKnxejG1vgWjNXsHfGoeULkpiL8JsZ7H8=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>email<\/u><\/a>, or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=v6mh-fHjQq2mPANhlSK0KSdVABRGTZrsDjzRFQfhbyL2B6DTfFOxd3em_8nrUXPfgn8p4I_yhJ3e_8V_1cQjrCkTV5gRtFpktWs-ktHwTGk=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>click here<\/u><\/a> to join the case.<\/p>\n<p>On October 28, 2019, the Company announced disappointing financial results for the third quarter ending September 30, 2019. Specifically, 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 Tims Rewards] is slightly more than offsetting the traffic levels,\u201d leading to \u201csoftness in sales.\u201d<\/p>\n<p>On this news, the Company\u2019s stock price fell $2.59, or 3.8%, to close at $65.86 per share on October 28, 2019, thereby injuring investors.<\/p>\n<p>The complaint filed alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Restaurant Brands&#8217; \u201cWinning Together Plan\u201d was failing to generate substantial, sustainable 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, Defendants&#8217; statements about its business, operations, and prospects, were materially false and misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n<p>A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than <em>February 19, 2021<\/em>.<\/p>\n<p>Please visit our <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9uCvaFZLhktWdRKNJyxr0ZUxJZOb98UXAEjzcc96fX_bY0Bm1y5GmOUS06caLJPNPzBxLxO8xMvMjP9oCzbplJ2zgbaW_F-wsKKdLmZIiBk=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>website<\/u><\/a> to review more information and submit your transaction information.<\/p>\n<p>The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firm\u2019s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>Lesley F. Portnoy, Esq.<br \/>Admitted CA and NY Bar<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=VxAI_h0sYmQ2WEJ8Ci01YI8ItJOPQU8jzh7qzNrp2P4x_llkhFhVJNiApnygcJzMZBNSBgjHcoycVPA2f_M50QnexxcFkiuWVom5jfhOQuI=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>lesley@portnoylaw.com<\/u><\/a><br \/>310-692-8883<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ym4FtVDb03WWfKcKihoADH3mkoBQXhFEzGV7CYEEVFDDHWRQzvkZdnhxsP8gLgVIdyvW4HmVHpfw789xZM-HAf4QrpeSiGPgbQkklmq5Srg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.portnoylaw.com<\/a>\u00a0<\/p>\n<p>Attorney Advertising\u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMzEwNiMzOTExMzcwIzIxOTU1Mjc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/4b479c3c-bbd3-46bf-b44f-717c8cb946c9\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Investors with losses are encouraged to contact the firm before February 19, 2021; click here to submit trade information LOS ANGELES, Jan. 11, 2021 (GLOBE NEWSWIRE) &#8212; The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Restaurant Brands International, Inc. (NYSE: QSR) investors that acquired shares between April 29, 2019 through October 28, 2019. Investors have until February 19, 2021 to seek an active role in this litigation. Investors are encouraged to contact attorney Lesley F. Portnoy, to determine eligibility to participate in this action, by phone 310-692-8883 or email, or click here to join the case. On October 28, 2019, the Company announced disappointing financial results for the third quarter ending &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/restaurant-brands-international-inc-corporation-investors-last-days-to-participate-actively-in-the-class-action-lawsuit-portnoy-law-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Restaurant Brands International, Inc. Corporation Investors: Last Days to Participate Actively in the Class Action Lawsuit; Portnoy Law Firm&#8221;<\/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-411851","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Restaurant Brands International, Inc. 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On October 28, 2019, the Company announced disappointing financial results for the third quarter ending &hellip; Continue reading &quot;Restaurant Brands International, Inc. 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