SAN DIEGO, March 21, 2023 (GLOBE NEWSWIRE) — Shareholder Rights Law Firm Johnson Fistula, LLP announces that a class action lawsuit has been filed on behalf of investors in Dutch Bros Inc. (“Dutch Bros” or the “Company”) BROS. The Class Action is being brought on behalf of stockholders who purchased Dutch Bros stock between March 1, 2022 and May 11, 2022 inclusive (the “Class Period”). Investors are hereby notified that they have until May 1, 2023 to request the court to appear as lead plaintiff in this lawsuit.

What actions can I take at this time? If you have suffered a loss and would like to learn more about whether you are a Lead Plaintiff, please contact Jim Baker (jimb@johnsonfistula.com) via email or phone at 619-814-4471. When emailing, please include your phone number.

To participate in this promotion you can click on the following link or copy and paste it into a browser:

https://www.johnsonfistel.com/investigations/dutch-bros-inc

There are no costs or obligations for you.

The class action alleges that during the class period, the defendants made materially false and misleading statements and failed to disclose material adverse facts about the Company’s business, operations and prospects. Specifically, the defendants failed to disclose to investors: (1) that the company had increased costs and expenses, including for dairy products; (2) that the Company experienced increased margin pressure and reduced profitability as a result in the first quarter of 2022; and (3) that as a result of the foregoing, defendants’ positive statements about the Company’s business, operations and prospects were materially misleading and lacked any reasonable basis.

A lead plaintiff will act on behalf of all other group members in leading the Dutch Bros class action. The lead plaintiff may select a law firm of its choice to conduct the class action. An investor’s ability to participate in a potential future recovery of Dutch Bros’ class action lawsuit is not contingent on being a lead…