In this file:

 

·         Beyond Meat contains less protein than advertised, class action claims

·         Beyond Meat slips as J.P. Morgan casts doubt McPlant going full time

 

 

Beyond Meat contains less protein than advertised, class action claims

 

By Abraham Jewett, Top Class Actions

July 28, 2022

 

Beyond Meat protein class action lawsuit overview:

 

o   Who: Plaintiff Todd Miller filed a class action lawsuit against Beyond Meat, Inc.

o   Why: Miller claims Beyond Meat inflates on its packaging the amount of protein its imitation meat products contain.

o   Where: The class action lawsuit was filed in New York federal court.

 

Beyond Meat misleads consumers by inflating the amount of protein its imitation meat products contain on their labeling, a new class action lawsuit alleges.

 

Plaintiff Todd Miller claims testing has proven that the amount of protein Beyond Meat products contain does not match with what is advertised on the front and back of their packaging.

 

“Defendant’s advertising and marketing campaign is false, deceptive, and misleading since the Products contain less protein than stated on the Products’ front and back labeling,” states the Beyond Meat class action.

 

Miller wants to represent a nationwide Class and New York subclass of consumers who have purchased a Beyond Meat product.

 

Beyond Meat inflates the labeled amount of protein in its products in order to capitalize on consumers’ desire for plant-based products which have as much protein as their meat counterparts, the Beyond Meat class action alleges.

 

Beyond Meat accused of misleading ‘reasonable’ consumers ...

 

more, including links  

https://topclassactions.com/lawsuit-settlements/consumer-products/food/beyond-meat-contains-less-protein-than-advertised-class-action-claims/

 

 

Beyond Meat slips as J.P. Morgan casts doubt McPlant going full time

 

By: Kim Khan, Seeking Alpha 

Jul. 28, 2022

 

The test of a Beyond Meat (NASDAQ:BYND) burger at McDonald's (MCD) could be over, J.P. Morgan said Thursday.

 

Shares of BYND are down 3% in premarket trading.

 

"We believe that McDonald's ... has broadly discontinued its US test of the McPlant burger," analyst Ken Goldman, who has an Underweight rating on BYND, wrote in a note.

 

"We recently spoke with MCD employees at 25 locations that previously carried the product; each said the item is no longer on the menu. Not surprisingly, the reason sometimes being cited is that the product did not sell well."

 

"We don't have a great deal of information outside of this, including to what extent BYND's guidance relied on McPlant expanding in 2H22," Goldman said...

 

more

https://seekingalpha.com/news/3862229-beyond-meat-slips-as-jp-morgan-casts-doubt-mcplant-going-full-time