July 19, 2019
Lawyers have asked a California federal court to award them $6 million in attorneys' fees after settling a suit for an investor class that claimed El Pollo Loco's top executives concealed the source of the chicken chain's decreasing sales then sold their own shares ahead of a stock plunge.
April 04, 2019
Investors in El Pollo Loco have reached a $20 million deal with the Tex-Mex chain to settle claims that its top executives misrepresented the source of decreasing sales and then traded their own shares ahead of a stock plunge.
July 05, 2018
A California federal judge has certified a class of El Pollo Loco Holdings Inc. investors who bought stock during a period when they allege prices were artificially inflated by top brass concealing the damaging impact that menu changes were having on traffic and store sales, ruling the investors satisfied certification requirements.
July 25, 2016
A California federal judge on Monday tossed a proposed shareholder class action alleging key executives of El Pollo Loco Holdings Inc. knowingly made misleading statements that inflated the Tex-Mex restaurant chain's stock, saying investors hadn't shown any false comments.
August 25, 2015
El Pollo Loco Holdings Inc. was slapped with a putative shareholder class action Monday alleging key executives knowingly made misleading statements that inflated the Tex-Mex restaurant chain's stock, enabling them and controlling shareholders to unload large positions before a sudden stock drop.