{"id":750406,"date":"2023-04-24T14:48:49","date_gmt":"2023-04-24T18:48:49","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bird-lawsuit-alert-levi-korsinsky-reminds-allbirds-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/"},"modified":"2023-04-24T14:48:49","modified_gmt":"2023-04-24T18:48:49","slug":"bird-lawsuit-alert-levi-korsinsky-reminds-allbirds-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bird-lawsuit-alert-levi-korsinsky-reminds-allbirds-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/","title":{"rendered":"BIRD LAWSUIT ALERT: Levi &amp; Korsinsky Reminds Allbirds, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, April  24, 2023  (GLOBE NEWSWIRE) &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in\u00a0<strong>Allbirds, Inc.<\/strong>\u00a0(&#8220;Allbirds&#8221; or the &#8220;Company&#8221;)\u00a0(NASDAQ: BIRD) of a class action securities lawsuit.<\/p>\n<p>The lawsuit on behalf of Allbirds investors has been commenced in the the United States District Court for the Northern District of California.\u00a0<strong>This lawsuit is on behalf of persons and entities that purchased or otherwise acquired: (a) Allbirds Class A common stock pursuant and\/or traceable to the registration statement and prospectus issued in connection with the Company\u2019s November 2021 initial public offering; and\/or (b) Allbirds securities between November 4, 2021 and March 9, 2023, inclusive.<\/strong>\u00a0Follow the link below to get more information and be contacted by a member of our\u00a0team:<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/zlk.com\/pslra-1\/allbirds-lawsuit-submission-form?wire=3\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/zlk.com\/pslra-1\/allbirds-lawsuit-submission-form?wire=3<\/a>\n      <\/p>\n<p>or contact Joseph E. Levi, Esq. either via email at\u00a0<a href=\"mailto:jlevi@levikorsinsky.com\" rel=\"nofollow noopener\" target=\"_blank\">jlevi@levikorsinsky.com<\/a>\u00a0or by telephone at (212) 363-7500.\u00a0<strong>There is no cost or obligation to you.<\/strong><\/p>\n<p>\n        <strong>Allbirds, Inc. NEWS &#8211; BIRD NEWS<\/strong>\n      <\/p>\n<p>\n        <strong>CASE DETAILS:<\/strong>\u00a0The filed complaint alleges that defendants made false statements and\/or concealed that: (1) Allbirds was overemphasizing products that extended beyond the Company\u2019s core offerings; (2) the Company\u2019s non-core products had a narrower appeal and were not resonating with customers as well as the Company\u2019s core products; (3) Allbirds was underinvesting in its core consumers\u2019 favorite products to push the Company\u2019s newer products with narrower appeal; (4) underinvesting in Allbirds\u2019 core products was negatively impacting the Company\u2019s sales; and (5) as a result of the foregoing, defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects, were materially misleading and\/or lacked a reasonable basis.<\/p>\n<p>\n        <strong>WHAT THIS MEANS TO SHAREHOLDERS:<\/strong>\u00a0If you suffered a loss in Allbirds during the relevant timeframe, you have until\u00a0<strong>June 12, 2023<\/strong>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>\n        <strong>NO COST TO YOU:<\/strong>\u00a0If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees.\u00a0Discuss your rights with our legal team without cost or obligation.<\/p>\n<p>\n        <strong>PROTECT YOUR FINANCIAL INTERESTS:<\/strong>\u00a0Complete this brief submission form <a href=\"https:\/\/zlk.com\/pslra-1\/allbirds-lawsuit-submission-form?wire=3\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/zlk.com\/pslra-1\/allbirds-lawsuit-submission-form?wire=3<\/a> or call 212-363-7500 to discuss the case.<\/p>\n<p>\n        <strong>WHY LEVI &amp; KORSINSKY:<\/strong>\u00a0Over the past 20 years, the team at Levi &amp;\u00a0Korsinsky\u00a0has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi &amp;\u00a0Korsinsky\u00a0has ranked in ISS Securities Class Action Services&#8217; Top 50 Report as one of the top securities litigation firms in the United States.<\/p>\n<p>\n        <strong>CONTACT:<\/strong><br \/>\n        <br \/>Levi &amp; Korsinsky, LLP<br \/>Joseph E. Levi, Esq.<br \/>Ed Korsinsky, Esq.<br \/>55 Broadway, 4th Floor Suite #427<br \/>New York, NY 10006<br \/><a href=\"mailto:jlevi@levikorsinsky.com\" rel=\"nofollow noopener\" target=\"_blank\">jlevi@levikorsinsky.com<\/a><br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<br \/><a href=\"http:\/\/www.zlk.com\" rel=\"nofollow noopener\" target=\"_blank\">www.zlk.com<\/a>\u00a0<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgyNDI2MSM1NTUzNzg5IzIwMjA0MjY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ZGM2YmZiODgtMTA2NC00NjI0LWEwODItYjIxYTMyZDI2NzlhLTEwMzIyOTM=\/tiny\/Levi-Korsinsky-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, April 24, 2023 (GLOBE NEWSWIRE) &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in\u00a0Allbirds, Inc.\u00a0(&#8220;Allbirds&#8221; or the &#8220;Company&#8221;)\u00a0(NASDAQ: BIRD) of a class action securities lawsuit. The lawsuit on behalf of Allbirds investors has been commenced in the the United States District Court for the Northern District of California.\u00a0This lawsuit is on behalf of persons and entities that purchased or otherwise acquired: (a) Allbirds Class A common stock pursuant and\/or traceable to the registration statement and prospectus issued in connection with the Company\u2019s November 2021 initial public offering; and\/or (b) Allbirds securities between November 4, 2021 and March 9, 2023, inclusive.\u00a0Follow the link below to get more information and be contacted by a member of our\u00a0team: https:\/\/zlk.com\/pslra-1\/allbirds-lawsuit-submission-form?wire=3 or contact Joseph E. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bird-lawsuit-alert-levi-korsinsky-reminds-allbirds-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BIRD LAWSUIT ALERT: Levi &amp; Korsinsky Reminds Allbirds, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline&#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-750406","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>BIRD LAWSUIT ALERT: Levi &amp; Korsinsky Reminds Allbirds, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - 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\/bird-lawsuit-alert-levi-korsinsky-reminds-allbirds-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BIRD LAWSUIT ALERT: Levi &amp; Korsinsky Reminds Allbirds, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, April 24, 2023 (GLOBE NEWSWIRE) &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in\u00a0Allbirds, Inc.\u00a0(&#8220;Allbirds&#8221; or the &#8220;Company&#8221;)\u00a0(NASDAQ: BIRD) of a class action securities lawsuit. The lawsuit on behalf of Allbirds investors has been commenced in the the United States District Court for the Northern District of California.\u00a0This lawsuit is on behalf of persons and entities that purchased or otherwise acquired: (a) Allbirds Class A common stock pursuant and\/or traceable to the registration statement and prospectus issued in connection with the Company\u2019s November 2021 initial public offering; and\/or (b) Allbirds securities between November 4, 2021 and March 9, 2023, inclusive.\u00a0Follow the link below to get more information and be contacted by a member of our\u00a0team: https:\/\/zlk.com\/pslra-1\/allbirds-lawsuit-submission-form?wire=3 or contact Joseph E. &hellip; Continue reading &quot;BIRD LAWSUIT ALERT: Levi &amp; Korsinsky Reminds Allbirds, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/bird-lawsuit-alert-levi-korsinsky-reminds-allbirds-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-24T18:48:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgyNDI2MSM1NTUzNzg5IzIwMjA0MjY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bird-lawsuit-alert-levi-korsinsky-reminds-allbirds-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bird-lawsuit-alert-levi-korsinsky-reminds-allbirds-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"BIRD LAWSUIT ALERT: Levi &amp; Korsinsky Reminds Allbirds, Inc. 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The lawsuit on behalf of Allbirds investors has been commenced in the the United States District Court for the Northern District of California.\u00a0This lawsuit is on behalf of persons and entities that purchased or otherwise acquired: (a) Allbirds Class A common stock pursuant and\/or traceable to the registration statement and prospectus issued in connection with the Company\u2019s November 2021 initial public offering; and\/or (b) Allbirds securities between November 4, 2021 and March 9, 2023, inclusive.\u00a0Follow the link below to get more information and be contacted by a member of our\u00a0team: https:\/\/zlk.com\/pslra-1\/allbirds-lawsuit-submission-form?wire=3 or contact Joseph E. &hellip; Continue reading \"BIRD LAWSUIT ALERT: Levi &amp; Korsinsky Reminds Allbirds, Inc. 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