Shnayder v. Allbirds, Inc. et al

  1. February 26, 2026

    Allbirds Investors' 'Kitchen-Sink' Strategy Dooms IPO Suit

    A California federal judge Thursday dismissed a putative securities fraud class action against Allbirds Inc. for a third time, giving shareholders who sued no more chances to amend their lawsuit, given what she called their "kitchen-sink" approach to pleading 60 allegedly false statements made ahead of the footwear company's 2021 stock launch.

  2. August 08, 2025

    Allbirds Faces New Del. Derivative Suit In Chancery

    Stockholders of footwear and clothing venture Allbirds Inc. launched a new Delaware Court of Chancery derivative suit Friday naming the company's key corporate figures, citing in part a now-third-amended securities action in the Northern District of California.

  3. June 24, 2025

    Judge Cites Slack In Tossing Allbirds Investors' IPO Suit

    A California federal judge has once again tossed an investor class action accusing shoemaker Allbirds Inc. of failing to warn investors about the risks of its shifting business strategy ahead of its initial public offering, ruling that shareholders would need to prove they can overcome the U.S. Supreme Court's Slack test in order to move forward with the case.

  4. May 13, 2024

    Judge Says Bold, Italic Font Muddies Allbirds Investor Suit

    A California federal judge has tossed for now a proposed class action from Allbirds Inc. investors who claim the sustainable shoe retailer made false and misleading statements in registration documents connected to its initial public offering, saying the complaint doesn't indicate which statements from the company's executives were allegedly misleading.

  5. April 14, 2023

    Suit Says Allbirds Pushed New Products With Narrow Appeal

    A proposed class action by investors in Allbirds alleged on Thursday that the sustainable shoe retailer made false and misleading statements in registration statements connected to its initial public offering, failing to tell investors it was shifting its focus away from its core products.