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During the defined period, Beyond Meat and certain executives face allegations of violating federal securities laws by failing to disclose important information. On November 10, 2021, after the market closed, the company revealed a $1.8 million inventory write-off due to Covid-19-related effects. Consequently, Beyond Meat’s shares experienced a decline of $12.55 per share, equivalent to almost 13%, resulting in a closing price of $81.93 per share on November 11, 2021. Additionally, media reports on December 9, 2021, stated that Taco Bell had canceled a planned test of Beyond Carne Asada due to concerns about product quality. This news caused a drop of $5.58 per share, or roughly 8%, with Beyond Meat’s shares closing at $64.51 per share on December 10, 2021. Lastly, on October 14, 2022, before the market opened, the company disclosed the departure of its COO, CFO, and CGO. This announcement resulted in a decrease of $1.43 per share, representing more than 9.6%, and the shares closed at $13.35 per share on October 14, 2022.