October 24, 2017
Chipotle Mexican Grill Inc. has agreed to institute a set of internal controls and corporate governance reforms to resolve shareholder derivative claims over alleged food safety oversight failures by the fast-casual chain's current and former officers and directors, according to a proposed settlement given an initial green light by a Colorado federal judge on Tuesday.
August 03, 2017
Chipotle asked a Colorado federal judge Wednesday to deny a bid from Robbins Geller Rudman & Dowd LLP and Motley Rice LLC, involved in a separate suit, to intervene in a derivative shareholder suit and attempt to unseal certain documents, telling the judge they have no right to the information.
June 07, 2017
A Colorado federal judge has tossed a derivative suit accusing Chipotle Mexican Grill Inc.'s officers and directors of food safety oversight failures, ruling Tuesday that the shareholder behind the suit has failed to show why it was necessary to take the dispute directly to court.
May 24, 2017
A Colorado federal judge on Wednesday consolidated two derivative suits brought by Chipotle Mexican Grill Inc. shareholders alleging officers' and directors' food safety failures resulted in costly outbreaks of food-borne illnesses at the restaurant chain starting in 2015.