Thornton Law Firm Announces Investigation into Boston Beer Company
September 09, 2021 4:32 PM EDT | Source: Thornton Law Firm
Boston, Massachusetts--(Newsfile Corp. - September 9, 2021) - The Thornton Law Firm alerts investors that it is investigating The Boston Beer Company, Inc. (NYSE: SAM) for potential securities violations. Investors who currently own stock or options of SAM may contact the Thornton Law Firm's investor protection team by visiting www.tenlaw.com/cases/BostonBeer for more information. Investors may also email investors@tenlaw.com or call 617-531-3917.
FOR MORE INFORMATION: www.tenlaw.com/cases/BostonBeer
On September 8, 2021, after the market closed, Boston Beer announced that it was withdrawing its 2021 financial guidance issued on July 22, 2021 as a result of a decrease in demand for its hard seltzer products. Boston Beer further disclosed that it expects to incur hard seltzer-related inventory write-offs, shortfall fees payable to 3rd party brewers, and other costs associated with the drop in demand during the remainder of fiscal year 2021.
FOR MORE INFORMATION: www.tenlaw.com/cases/BostonBeer
Thornton Law Firm's securities attorneys are highly experienced in representing investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of investors. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
CONTACT:
Thornton Law Firm LLP
1 Lincoln Street
State Street Financial Center
Boston, MA 02111
www.tenlaw.com/cases/BostonBeer
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