Chipotle shares plunged more than 6% Thursday after the company said it received a subpoena related to an illness outbreak at one of its restaurants in 2018.
The subpoena was the latest in a series that were issued in conjunction with an investigation by the US Attorney's office in California. The new subpoenaBusiness Insider previously broke news of the in 2018 after more than 100 people fell sick. In 2015 and 2016, over 55 people suffered food poisoning due to two separate E. coli outbreaks.
While Chipotle shares suffered a dramatic fall in connection with the incidents, the company has staged a , who joined the company in February 2018. Shares are up more than 150% since Niccol took over leadership of the burrito chain.
Makes sense. Republicans in Ohio are against following regulations.