FAIRNESS ALERT: Rosen Law Firm Files Securities Class Action Lawsuit Against Bird Global, Inc. – BRDS

NEW YORK–(BUSINESS WIRE)–Rosen Law Firm, a global investor rights law firm, announces that it filed a class action lawsuit on behalf of purchasers of Bird Global, Inc. (NYSE: BRDS) securities between May 14 2021 and November 14, 2022, both dates inclusive (the “Class Period”). The lawsuit seeks damages for Bird’s investors under federal securities laws.

To join the Bird class action, go to https://rosenlegal.com/submit-form/?case_id=9805 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for class action information.

According to the lawsuit, throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Bird incorrectly recorded revenue sharing for certain trips from its customers where collection was not likely; (2) as such, Bird overstated its revenue sharing for the relevant quarters and fiscal year during the Class Period; (3) Bird failed to disclose that its internal controls were not effective with respect to the calculation of revenue share accounting; (4) as a result, Bird should restate its previously disclosed sharing revenues; and (5) as a result, the defendants’ public statements were materially false and misleading at all relevant times.

A class action lawsuit has already been filed. If you wish to act as lead plaintiff, you must move the Court no later than January 17, 2023. A lead plaintiff is a representative party acting on behalf of other class members to direct litigation. If you wish to join the litigation, go to https://rosenlegal.com/submit-form/?case_id=9805 or to discuss your rights or interests in this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or by email at pkim@rosenlegal.com or cases@rosenlegal.com.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY AN ATTORNEY UNLESS YOU RETAIN ONE. YOU CAN RETAIN THE LAWYER OF YOUR CHOICE. YOU CAN ALSO REMAIN AN ABSENT MEMBER OF THE GROUP AND DO NOTHING AT THIS TIME. AN INVESTOR’S ABILITY TO SHARE ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT ON HIS PRINCIPAL APPLICANT SERVICE.

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Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013. Rosen Law Firm has achieved the highest never-recorded securities class action settlement. against a Chinese company. Rosen Law Firm attorneys are rated and recognized by numerous independent and respected sources. Rosen Law Firm secured hundreds of millions of dollars for investors.

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