SBS reminds Black Rock Coffee investors about securities class action

Schall, Brown & Schwartz LLP said on Aug. 6, 2026, that it is reminding investors about a securities class action against Black Rock Coffee Bar, Inc. over allegations that the company made false and misleading statements about store cannibalization and sales transfer.

The lawsuit concerns Black Rock Coffee Bar, listed on Nasdaq as BRCB, and a class period the firm identified as Sept. 12, 2025, to May 12, 2026. SBS said the complaint alleges violations of Section 10(b), Section 20(a) and SEC Rule 10b-5.

The complaint centers on claims that newly opened stores hurt sales at existing locations and that the company did not accurately describe that effect to the market. In the release, SBS said the company misrepresented or minimized the impact of cannibalization and that its financial results were affected by sales transfer.

The press release said the class action is based on a complaint that Black Rock Coffee made public statements that were false and materially misleading during the class period. It also said investors who bought BRCB shares during that window are encouraged to contact the firm about possible lead plaintiff appointments.

SBS said lead plaintiff status is not required to take part in any recovery. The release also said the class has not yet been certified. According to the firm, until certification occurs, investors are not represented by an attorney if they take no action and may remain absent class members.

The release identified SBS as a national shareholder rights litigation firm and listed contact information for Brian Schall and David Schwartz in Los Angeles. It also included the firm’s address, phone number, website and email.

The release did not provide a court timetable.

Sources

• PR Newswire release, Aug. 6, 2026

Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.