Holzer Holzer & Fistel, LLC announces that it is investigating potential breaches of fiduciary duty by certain officers and directors of Chipotle Mexican Grill, Inc. (“Chipotle” or the “Company”) (NYSE: CMG). On August 16, 2012, an investor filed a class action lawsuit against Chipotle alleging, among other things, that the Company violated the federal securities laws between February 1, 2012 and July 19, 2012 by issuing false and misleading statements that failed to adequately reflect the impact slowing demand and increased prices would have on Chipotle’s margins and financial results.
Holzer Holzer & Fistel’s investigation seeks to determine if the allegations contained in the class action complaint also give rise to the separate claims against the Board of Directors for breaches of fiduciary duty, which could be enforced on behalf of the Company through shareholder derivative litigation.
If you are a long-term holder of Chipotle shares and would like to discuss your legal rights, you may contact Michael I. Fistel, Jr., Esq., or Marshall P. Dees, Esq. via email at
, or via toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website,
and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.