Domino’s Pizza, Inc. (NYSE: DPZ)

This lawsuit is for anyone who acquired securities in Domino’s Pizza, Inc. (NYSE: DPZ) from December 7, 2023 through July 17, 2024.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by failing to timely inform investors that Domino’s Pizza Enterprises, the Company’s largest master franchisee, was experiencing significant challenges with respect to both new store openings and closures of existing stores.

On July 18, 2024, Domino’s released its second quarter 2024 financial results, disclosing that it “expects it will fall 175 to 275 stores below its 2024 goal of 925+ net stores in international primarily as a result of challenges in both openings and closures being faced by Domino’s Pizza Enterprises (‘DPE’), one of its master franchisees.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Domino’s Pizza, Inc. (NYSE: DPZ) from December 7, 2023 through July 17, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.