BIRD ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of June 12, 2023 in the Class Action Filed on Behalf of Allbirds, Inc. Shareholders

NEW YORK, May 23, 2023

This lawsuit is on behalf of persons and entities that purchased or otherwise acquired: (a) Allbirds Class A common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's November 2021 initial public offering; and/or (b) Allbirds securities between November 4, 2021 and March 9, 2023, inclusive.
Lead Plaintiff Deadline: June 12, 2023
No obligation or cost to you.

Learn more about your recoverable losses in BIRD:
https://www.kleinstocklaw.com/pslra-1/allbirds-lawsuit-loss-submission-form?id=39714&from=4

Allbirds, Inc. NEWS - BIRD NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that Allbirds, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Allbirds was overemphasizing products that extended beyond the Company's core offerings; (2) the Company's non-core products had a narrower appeal and were not resonating with customers as well as the Company's core products; (3) Allbirds was underinvesting in its core consumers' favorite products to push the Company's newer products with narrower appeal; (4) underinvesting in Allbirds' core products was negatively impacting the Company's sales; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Allbirds you have until June 12, 2023 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you purchased Allbirds securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.