Chipotle’s stock is continuing to plummet, and investors aren’t happy about it. Chipotle shareholder Susie Ong is taking one for the team and decided to sue the company. She claims Chipotle misinformed investors about the issues surround food safety controls inside the restaurants, and now it must pay. A group of attorneys have filed the lawsuit in the hopes they can help get investors their money back if they invested from February 2015 to January 2016.
why did I invest in Chipotle pic.twitter.com/FCNfcRD9Lx
— Jack (@j_news22) April 1, 2015
Attorney on the case, Jeremy A. Lieberman, tells The Huffington Post,
Things sure aren’t looking good for the Mexican fast-food restaurant. But in order to get back on its feet, it looks as though Chipotle will have to make some drastic changes not only to appease its stock holders, but also to ensure the company’s survival. Will Chipotle be able to turns things around? We’ll just have to wait and see.