{"id":23497,"date":"2026-06-19T03:48:00","date_gmt":"2026-06-19T01:48:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=6f062a049a9b4436743848a651534e96"},"modified":"2026-06-19T03:48:00","modified_gmt":"2026-06-19T01:48:00","slug":"brcb-class-action-notice-glancy-prongay-wolke-rotter-llp-files-securities-fraud-lawsuit-on-behalf-of-black-rock-coffee-bar-inc-investors","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=23497","title":{"rendered":"BRCB CLASS ACTION NOTICE: Glancy Prongay Wolke &amp; Rotter LLP Files Securities Fraud Lawsuit On Behalf Of Black Rock Coffee Bar, Inc. Investors"},"content":{"rendered":"<p>LOS ANGELES--(BUSINESS WIRE)--<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.glancylaw.com%2F&amp;esheet=54556972&amp;newsitemid=20260618675334&amp;lan=en-US&amp;anchor=Glancy+Prongay+Wolke+%26+Rotter+LLP&amp;index=329&amp;md5=a5a2abe7dedc1fe42f815a6e28778abd\" rel=\"nofollow\" shape=\"rect\">Glancy Prongay Wolke &amp; Rotter LLP<\/a> (\u201cGPWR\u201d), announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned <i>Aiello v. Black Rock Coffee Bar, Inc., et al.,<\/i> Case No. 1:26-cv-05181, on behalf of persons and entities that purchased or otherwise acquired Black Rock Coffee Bar, Inc. (\u201cBlack Rock Coffee\u201d or the \u201cCompany\u201d) (NASDAQ: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2Fbrcb&amp;esheet=54556972&amp;newsitemid=20260618675334&amp;lan=en-US&amp;anchor=BRCB&amp;index=330&amp;md5=959479fe3c9382b420a863cfc4b1517d\" rel=\"nofollow\" shape=\"rect\">BRCB<\/a>): (a) Class A common stock pursuant and\/or traceable to the registration statement and prospectus (collectively, the \u201cRegistration Statement\u201d) issued in connection with the Company\u2019s September 2025 initial public offering (\u201cIPO\u201d or the \u201cOffering\u201d); and\/or (b) securities between <b>September 12, 2025 and May 12, 2026<\/b>, inclusive (the \u201cClass Period\u201d). Plaintiff pursues claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the \u201cExchange Act\u201d).<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260618675334\/en\/2705227\/5\/Glancy_Logo_Blue.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260618675334\/en\/2705227\/22\/Glancy_Logo_Blue.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260618675334\/en\/2705227\/5\/Glancy_Logo_Blue.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260618675334\/en\/2705227\/21\/Glancy_Logo_Blue.jpg\" \/><\/a><p>Investors are hereby notified that they have <b>60 days from the date of this notice<\/b> to move the Court to serve as lead plaintiff in this action.<\/p><p class=\"bwalignc\"><b>IF YOU SUFFERED A LOSS ON YOUR BLACK ROCK COFFEE INVESTMENTS, CLICK <\/b><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.glancylaw.com%2Fcases%2FBlack-Rock-Coffee-Bar-Inc%2F&amp;esheet=54556972&amp;newsitemid=20260618675334&amp;lan=en-US&amp;anchor=HERE&amp;index=331&amp;md5=d9c4ec05eb22c42fd00ae4bd6c8da349\" rel=\"nofollow\" shape=\"rect\"><b>HERE<\/b><\/a><b> TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.<\/b><\/p><p><b>What Happened?<\/b><\/p><p>On September 12, 2025, Black Rock Coffee conducted its IPO, selling 16,911,764 shares of Class A common stock at a price of $20.00 per share.<\/p><p>On May 12, 2026, after the market closed, Black Rock Coffee released its first quarter 2026 financial results, revealing a<i><b> same store growth rate of 5.2%, a four-point decline year-over-year <\/b><\/i>compared to a 9.2% rate in same quarter the prior year. The Company further reported revenue of $55.45 million, missing consensus estimates.<\/p><p>In the accompanying earnings call held on the same date, the Company\u2019s Chief Executive Officer, Mark Davis (\u201cDavis\u201d), revealed that as the Company \u201cgrow[s] store density in these maturing markets and add[s] new locations around existing high-volume stores,\u201d it will \u201cthoughtfully rebalanc[e] demand across [its] store base.\u201d He continued that \u201c[t]his dynamic can result in some<i><b> sales transfer where a portion of volume from existing stores shifts to newer locations that have opened in closer proximity.<\/b><\/i>\u201d Davis further confirmed \u201csales transfer\u201d had \u201cimpacted same-store sales in the quarter.\u201d<\/p><p>On this news, Black Rock Coffee\u2019s stock price fell $3.32, or 30.3%, to close at $7.65 per share on May 13, 2026, on unusually heavy trading volume.<\/p><p>By the commencement of this action, Black Rock Coffee stock has traded as low as $7.23 per share, a more than 63% decline from the $20 per share IPO price.<\/p><p><b>What Is The Lawsuit About?<\/b><\/p><p>The complaint filed in this class action alleges that in the Registration Statement and throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) Black Rock Coffee\u2019s new store openings were leading to a cannibalization of its existing services and revenue; (2) Black Rock Coffee overstated the manner in which its expansion strategy was tailored to avoid \u201csales transfer\u201d; (3) as a result of \u201csales transfer,\u201d the Company\u2019s financial results were materially impacted; and (4) that, as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p><p>If you purchased\u202for otherwise acquired Black Rock Coffee securities during the Class Period,\u202fyou may move the Court no later than\u202f<b>60 days from the date of this notice<\/b> to ask the Court to appoint you as lead plaintiff.<\/p><p><b>Contact Us To Participate or Learn More:<\/b><\/p><p>If you wish to\u202flearn more\u202fabout this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:<br\/>Charles Linehan, Esq.<br\/>Glancy Prongay Wolke &amp; Rotter LLP<br\/>1925 Century Park East, Suite 2100<br\/>Los Angeles California 90067<br\/>Email: <a  href=\"mailto:shareholders@glancylaw.com\" rel=\"nofollow\" shape=\"rect\">shareholders@glancylaw.com<\/a><br\/>Telephone: 310-201-9150<br\/>Toll-Free: 888-773-9224<br\/>Visit our website at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.glancylaw.com%2F&amp;esheet=54556972&amp;newsitemid=20260618675334&amp;lan=en-US&amp;anchor=www.glancylaw.com&amp;index=332&amp;md5=0e463b9e25f5972cd35d15831fdb72af\" rel=\"nofollow\" shape=\"rect\">www.glancylaw.com<\/a>.<br\/>Follow us for updates on <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fglancy-prongay-murray-llp&amp;esheet=54556972&amp;newsitemid=20260618675334&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=333&amp;md5=b56bc59c8e44a5080d40c7ff93c87ee1\" rel=\"nofollow\" shape=\"rect\">LinkedIn<\/a>, <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FGPM_llp&amp;esheet=54556972&amp;newsitemid=20260618675334&amp;lan=en-US&amp;anchor=Twitter&amp;index=334&amp;md5=cafde83eeaaa8f58d499fe8c0c0cbc36\" rel=\"nofollow\" shape=\"rect\">Twitter<\/a>, or <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FGlancyLawFirm%2F&amp;esheet=54556972&amp;newsitemid=20260618675334&amp;lan=en-US&amp;anchor=Facebook&amp;index=335&amp;md5=6b2f56661e187c92b8cd05cb975d08cf\" rel=\"nofollow\" shape=\"rect\">Facebook<\/a>.<\/p><p>If you inquire by email, please include your mailing address, telephone number and number of shares purchased.<\/p><p>To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no\u202faction and remain an absent member of the Class.<\/p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p><br\/> <b>Contacts<\/b> <br\/><p class=\"bwalignl\">Glancy Prongay Wolke &amp; Rotter LLP<br\/>1925 Century Park East, Suite 2100<br\/>Los Angeles, CA 90067<br\/><b>Charles Linehan<\/b><br\/>Email: <a  href=\"mailto:shareholders@glancylaw.com\" rel=\"nofollow\" shape=\"rect\">shareholders@glancylaw.com<\/a><br\/>Telephone: 310-201-9150<br\/>Toll-Free: 888-773-9224<br\/>Visit our website at: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.glancylaw.com%2F&amp;esheet=54556972&amp;newsitemid=20260618675334&amp;lan=en-US&amp;anchor=www.glancylaw.com&amp;index=168&amp;md5=f2e34cfbf93e79027c3b302455b9693e\" rel=\"nofollow\" shape=\"rect\">www.glancylaw.com<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;Glancy Prongay Wolke &amp; Rotter LLP (\u201cGPWR\u201d), announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Aiello v. Black Rock Coffee Bar, Inc.,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23497","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/23497","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23497"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/23497\/revisions"}],"predecessor-version":[{"id":23498,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/23497\/revisions\/23498"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}