Kirby McInerney LLP reminds investors that securities class actions have been filed on behalf of investors in The Boston Beer Company, Inc. (SAM), The Honest Company, Inc. (HNST) and AppHarvest, Inc. (APPH) and encourages investors to contact the firm

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NEW YORK, Oct. 08, 2021 (GLOBE NEWSWIRE) – Law firm Kirby McInerney LLP reminds investors that securities class actions have been filed on behalf of investors in The Boston Beer Company, Inc., The Honest Company , Inc., and AppHarvest, Inc. Investors have until the deadlines below to apply to the Court to be named principal plaintiffs in the lawsuits. Additional information on each case can be found at the links provided below.

The Boston Beer Company, Inc. (“Boston Beer” or the “Company”) (NYSE: SAT)

Course period: from April 22, 2021 to September 8, 2021
Court pending: United States District Court for the Southern District of New York
Lead applicant’s deadline: November 15, 2021

The lawsuit alleges throughout the Class Period, the Defendants failed to disclose to investors: (1) that sales of Boston Beer soda water were slowing; (2) that, therefore, Boston Beer was reasonably susceptible to write-offs from inventory; (3) that the Company was reasonably likely to incur loss of earnings charges payable to third party brewers; and (4) that as a result of the foregoing, Boston Beer’s financial results would be adversely affected.

For more information on the Boston Beer trial, please visit this website.

The Honest Company, Inc. (“Honest” or the “Company”) (NASDAQ: HNST)

Course period: from May 3, 2021 to September 15, 2021
Pending Court: United States District Court for the Central District of California
Lead applicant’s deadline: November 15, 2021

The lawsuit alleges that the registration statement for the company’s May 2021 IPO was materially false and misleading and omitted: (1) that prior to the IPO, the company’s results had been significantly affected by a multi-million dollar inventory of COVID-19 for products in the Diapers and Wipes category and the Household and Wellness category; (2) that at the time of the IPO, the Company was experiencing a deceleration in demand for these products; and (3) that, therefore, the financial results of the Company would likely be adversely affected.

For more information on the Honest Trial, please visit this website.

AppHarvest, Inc. (“AppHarvest” or the “Company”) (NASDAQ: APPH)

Course period: May 17, 2021 to August 10, 2021
Court pending: United States District Court for the Southern District of New York
Lead Applicant Deadline: 23 November 2021

The lawsuit alleges throughout the Class Period, the Defendants failed to disclose to investors: (1) that AppHarvest lacked sufficient training for its recently expanded workforce; (2) that, therefore, the Company could not consistently produce Grade 1 tomatoes; and (3) that, therefore, the financial results of the Company would be adversely affected.

For more information on the AppHarvest trial, please visit this website.

About Kirby McInerney LLP:

Kirby McInerney is a New York-based law firm specializing in securities, antitrust, whistleblower and consumer litigation. The company’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the company is available on Kirby McInerney’s website: www.kmllp.com.

This press release may be considered an attorney’s advertisement in certain jurisdictions under applicable law and ethical rules.

Contacts
Kirby McInerney LLP
Thomas W. Elrod, Esq.
(212) 371-6600
[email protected]
www.kmllp.com


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