Allbirds Execs Face another Shareholder Suit
The complaint was filed in the Northern District of CA by Barbara Wolfson on behalf of shareholders, accusing BIRD of making poor marketing decisions that led to a loss of over $100 million in FY22 and missed financial guidance. The suit targets several directors, including CEO Joseph Zwillinger, who allegedly admitted that the company overemphasized products that extended ... Log in to view full article.
