#USA #New York #Securities Fraud #Pomerantz Law Firm #Jack in the Box

Investor Alert: Pomerantz Law Firm Investigates Jack in the Box Inc.

NEW YORK, June 7, 2025 - Pomerantz LLP, a leading law firm known for its significant impact in securities litigation, has initiated an investigation focusing on claims made by investors of Jack in the Box Inc. (NASDAQ: JACK). This inquiry aims to uncover whether the company and certain of its key officers or directors may have engaged in securities fraud or other illicit business activities.

The impetus for this investigation stems from a press release issued by Jack in the Box on April 23, 2025. In this announcement, the company revealed intentions to close between 150 to 200 of its underperforming locations and explore the sale of its Del Taco brand. The CEO stated that these moves are part of a broader strategy, termed the 'JACK on Track' plan, aimed at improving the company’s financial health, accelerating cash flow, and reducing its debt burden by aiming to repay $300 million over the next two years.

Following the announcement, investors reacted, and Jack in the Box's stock took a notable hit, falling $1.45, or 4.72%, to close at $23.96 per share on April 24, 2025.

Pomerantz LLP is reaching out to investors who may be affected by the company's stock performance and encourages them to contact Danielle Peyton at [email protected] or via phone at 646-581-9980, ext. 7980. Investors who wish to join the class-action suit are urged to act promptly to protect their rights.

With a distinguished history in corporate and securities litigation, Pomerantz LLP was founded by Abraham L. Pomerantz, often referenced as the father of securities class actions. The firm has built a reputation for effectively representing the interests of victims of securities fraud, breaches of fiduciary duty, and corporate misconduct, having secured recoveries of substantial damages for class members during its over 85 years of service.

This investigation underscores the importance of transparency and accountability within companies and their leadership, particularly in the wake of significant announcements that can materially affect stock prices. Investors are being reminded that legal representation may be essential for navigating any potential claims linked to recent events at Jack in the Box.

It is crucial for stakeholders and investors to stay informed through expected developments as Pomerantz LLP continues its analysis of the situation, ensuring that all affected parties are duly represented and their voices are heard in any potential litigation outcomes.

For further updates as the situation unfolds and for more information on the class action, investors are encouraged to visit the firm's website or reach out directly to their contacts at Pomerantz LLP.

Contact Details:
Danielle Peyton
Pomerantz LLP
Email: [email protected]
Phone: 646-581-9980 ext. 7980

For more information on Pomerantz LLP's work and history in securities litigation, visit www.pomlaw.com.**

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