
NEW YORK and NEW ORLEANS, March 28, 2025 — Charles C. Foti, Jr., Esq., former Attorney General of Louisiana and a partner at Kahn Swick & Foti, LLC (“KSF”), has announced that KSF has launched an investigation into Chipotle Mexican Grill, Inc. (“the Company”) (NYSE: CMG).
Reports surfaced in the spring of 2024, detailing customer complaints regarding the inconsistency or inadequacy of portion sizes at Chipotle. The company responded by announcing initiatives to standardize and increase portion sizes across its 3,600+ locations. Subsequently, Chipotle disclosed that these efforts were projected to raise their cost of sales to “just below 31%” in the third quarter of 2024.
Following this, the Company and certain executives faced a securities class action lawsuit. The suit alleges violations of federal securities laws due to the failure to disclose material information during the Class Period and is currently ongoing.
The KSF investigation is centered on whether Chipotle’s executives and/or directors violated their fiduciary responsibilities to shareholders or broke state or federal regulations.
Individuals with information relevant to the KSF investigation, or long-term Chipotle shareholders interested in discussing their legal options, are encouraged to contact KSF toll-free at 1-833-938-0905 or via email to KSF Managing Partner Lewis Kahn (), without any obligation or cost. Further details are available at .
About Kahn Swick & Foti, LLC
KSF, including former Louisiana Attorney General Charles C. Foti, Jr. as a partner, is a leading law firm specializing in securities litigation. SCAS recently recognized KSF as one of the top 10 firms nationally based on total settlement value. KSF represents a diverse range of clients, including public and private institutional investors, and retail investors, seeking compensation for investment losses resulting from corporate fraud or misconduct by publicly traded entities. KSF has offices in New York, Delaware, California, Louisiana, Chicago, New Jersey, and a representative office in Luxembourg.
For more information about KSF, please visit .
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163
SOURCE Kahn Swick & Foti, LLC
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