March 8 Deadline Alert: GPM Reminds Investors of the Upcoming Lead Plaintiff Deadline in the Class Action Lawsuit Against Chipotle Mexican Grill, Inc.

Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming March 8, 2016 deadline to file a lead plaintiff motion in the class action filed on behalf of a class (the “Class”) of investors who purchased Chipotle Mexican Grill, Inc. (“Chipotle” or the “Company”) (NYSE: CMG) securities between February 4, 2015 and January 5, 2016, inclusive (the “Class Period”). Injured investors with losses over $350,000 are encouraged to contact Lesley Portnoy, Esquire, to discuss their legal claims in this matter.

The complaint alleges that throughout the Class Period, defendants made materially misleading statements and/or failed to disclose that: (i) Chipotle’s quality controls were not in compliance with applicable consumer and workplace safety regulations; (ii) Chipotle’s quality controls were inadequate to safeguard consumer and employee health; and (iii) as a result of the foregoing, Chipotle’s public statements were materially false and misleading at all relevant times.

Over the course of several disclosures, multiple news sources and government agencies revealed that the Company had allegedly failed to properly protect customers from various food-borne illnesses. The Company’s shares fell significantly over the course of these disclosures culminating on January 6, 2016, when the Company disclosed that Chipotle was served with a Federal Grand Jury Subpoena from the U.S. District Court for the Central District of California in connection with an official criminal investigation being conducted by the U.S. Attorney’s Office for the Central District of California, in conjunction with the U.S. Food and Drug Administration’s Office of Criminal Investigations.

On this news, the Company’s shares fell $33.03 over two trading days, or 7.3%, to close at $416.00 per share on January 7, 2016.

Then, on February 3, 2016, the Company revealed to investors that the previously disclosed January 6, 2016 subpoena had been expanded in scope to include information dating back to January 1, 2013. On this news shares of Chipotle fell an additional $13.93 per share, or nearly 3%, to close at $461.74 per share on February 3, 2016.

If you purchased shares of Chipotle during the Class Period you may move the Court no later than March 8, 2016 to request appointment as lead plaintiff. To be a member of the class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you 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 Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.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.

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