Law Offices of Howard G. Smith announces an investigation on behalf of Bird Global, Inc. (“Bird” or the “Company”) (NYSE: BRDS) investors concerning the Company’s possible violations of federal securities laws.
On November 14, 2022, Bird announced a restatement of its financial statements for certain periods in 2020, 2021, and 2022. The restatements seek to correct an error regarding "recognition of revenue on certain trips completed by customers of its Sharing business for which collectability was not probable."
On this news, Bird share prices fell $0.026, or over 6%, to close on November 14, 2022 at $0.364 on unusually high trading volume.
If you purchased Bird securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20221115006400/en/
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
