Overview

A class action lawsuit has been filed against Beyond Meat, Inc., (“Beyond Meat,” or the “Company”) (NASDAQ : BYND) and certain of the Company’s senior executive officers (collectively, “Defendants”) alleging violations of federal securities laws. The Beyond Meat lawsuit is brought on behalf of all persons and entities who purchased or otherwise acquired Beyond Meat securities between February 27, 2025, and November 11, 2025, both dates inclusive (the “Class Period”). Investors have until March 24, 2026, to seek appointment as lead plaintiff of the Beyond Meat class action lawsuit.

Beyond Meat operates in the food industry, developing, manufacturing, marketing, and selling plant-based meat products under the “Beyond” brand name.

The lawsuit alleges Beyond Meat made false and misleading statements and omissions of material fact regarding the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose that the book value of certain of Beyond Meat’s long-lived assets exceeded their fair value, making it highly likely that the Company would be required to record a material, non-cash impairment charge.

Throughout the Class Period, Defendants repeatedly touted their efforts to achieve EBITDA-positive operations by year-end 2026. Accordingly, Beyond Meat emphasized that the Company was laser-focused on operating expense reduction, gross margin expansion, and broader operational efficiency and optimization at the expense of other aspects of the Company’s business, such as revenue growth, which Defendants explicitly deemphasized as a business concern. Furthermore, Defendants disclosed no anticipated or actual need to record significant asset impairment charges attributable to certain of Beyond Meat’s long-lived assets. 

The truth began to emerge on October 24, 2025, when Beyond Meat reported preliminary financial results for the third quarter (“Q3”) of 2025 and suddenly revealed that the Company “expects to record a non-cash impairment charge for the three months ended September 27, 2025, related to certain of its long-lived assets,” which it “expected to be material.” On this news, Beyond Meat’s stock price declined 23%. 

Then, on November 3, 2025, Beyond Meat announced that it would delay reporting its financial results for Q3 2025, citing the need for additional time to complete its impairment review. On this news, Beyond Meat’s stock price fell 16% to close at $1.39 per share on November 3, 2025.

Then, on November 10, 2025, Beyond Meat issued a press release announcing its financial results for Q3 2025. Among other disappointing results, Beyond Meat reported that its loss from operations for the quarter was $112.3 million, which included “$77.4 million in non-cash impairment charges related to certain of the Company’s long-lived assets.” On this news, Beyond Meat’s stock price fell $0.12 per share, or nearly 9%, to close at $1.22 per share on November 11, 2025.

Finally, on November 11, 2025, Beyond Meat hosted a conference call with investors and analysts to discuss its financial results for Q3 2025. During the call, the Company disclosed, in relevant part, that “[t]he total impairment amount of $77.4 million was . . . allocated to [Property, Plant & Equipment], operating lease [right-of-use] assets and prepaid lease costs on our balance sheet.” On this news, Beyond Meat’s stock price fell 8.6%. Securities analysts and the financial media reacted negatively to Defendants’ disclosures. For example, securities analyst BTIG stated “we don’t have enough confidence the [Company’s] business can return to sustainable, positive EBITDA” within the next two years, and that Defendants’ “gross margin outlook has consistently been overly optimistic[.]”

*            *            *

If you purchased or otherwise acquired Beyond Meat securities between February 27, 2025, and November 11, 2025, and you wish to serve as lead plaintiff in this lawsuit, you are encouraged to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt attorneys Brian O’Mara or Hani Farah by calling (888) 287-9005 or at investors@dicellolevitt.com. 

The deadline to apply to the Court to serve as a lead plaintiff in the Beyond Meat lawsuit is March 24, 2026.