Boston Beer (NYSE: SAM) is still dealing with a hard-seltzer hangover. The owner of the Truly franchise said in a recent earnings report that a sharp sales slowdown sparked over $100 million of write-offs connected to excess inventory and cancelled production plans. Investors were bracing for bad news about the Truly brand, which had been accounting for most of Boston Beer's growth in the past year.
NEW ORLEANS, Oct. 27, 2021 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors of pending deadlines in the following securities class action lawsuits: The Boston Beer Company, Inc. (SAM)Class Period: 4/22/2021 - 9/8/2021 Lead Plaintiff Motion Deadline: November 15, 2021SECURITIES FRAUD To learn more, visit https://claimsfiler.com/cases/nyse-sam/ The Honest Company, Inc. (HNST)Class Period: purchase of shares issued either in or after the May 2021 Initial Pu
NEW YORK, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Longeveron Inc. (NASDAQ: LGVN), The Boston Beer Company, Inc. (NYSE: SAM), Waterdrop Inc. (NYSE: WDH), and AppHarvest, Inc. (NASDAQ: APPH). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at