Beyond Meat Inc BYND manager Doug Ramsey allegedly bitten a man on the nose and was subsequently arrested on terrorism threats and third-degree assault charges.
What happened: Ramsey, 53, was arrested this weekend after biting a man on the nose after a college football game. reported CNBC.
The incident came after an altercation in a parking garage near Razorback Stadium after a University of Arkansas football game, according to CNBC, which quoted local media.
Local media cited a police report that claimed Ramsey smashed through a Subaru’s rear windshield after it struck his car’s front tire. After the Subaru owner got out of his vehicle, Ramsey hit him and bit his nose, “tearing the flesh at the tip of the nose.”
Benzinga reached out to Beyond Meat and this story will be updated as they respond.
See also: How to buy Beyond Meat (BYND) stock
Why it matters: According to CNBC, Ramsey was checked into the Washington County Jail Saturday night and was released Sunday.
That of the executive LinkedIn Profile indicates he was the COO of Beyond meat for the last 10 months and was with Tyson Foods, Inc TSN previously for 30 years.
Shares of Beyond Meat are down 84.8% over the 12-month period and 73.8% year-to-date.
In August, the company reported a second quarter drop in sales up 16% year over year to $147 million, missing consensus of $151.8 million.
Price promotion: On Monday, Beyond Meat shares closed 6.7% lower at $17.06 in the regular session, and gained 1.4% in extended trading, data from shows Gasoline Pro.
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