LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Bird Global, Inc. (“Bird” or the “Company”) (NYSE: BRDS) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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In November 2021, Bird Rides, Inc. and Switchback II Corporation, a special purpose acquisition company, closed a business combination, and the combined company was renamed Bird Global, Inc.
On March 15, 2022, Bird announced its fourth quarter and full year 2021 financial results in a press release. The Company also announced that first quarter 2022 revenue would be in the range of $34 to $36 million, below estimates of $48.8 million, and that fiscal 2022 revenue would be “at least $350 million.”
On this news, the Company’s stock price fell sharply during afterhours trading on March 15, 2022.
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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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
