A Starbucks shareholder has initiated a securities class action in Washington federal court, alleging that the coffee company misrepresented the potential success of its “Triple Shot Reinvention” strategy. Breskin Johnson & Townsend and Levi & Korsinsky are the law firms representing the shareholder plaintiff in this case. On August 28, a complaint was filed against Starbucks, CEO Laxman Narasimhan, and Executive Vice President Rachel Ruggeri in the Western District of Washington.
For additional details on this legal development, visit the original report on Law.com.