Notice is hereby given that a class action lawsuit has been filed on behalf of those who purchased or otherwise acquired shares of Keurig Green Mountain, Inc. (Nasdaq: GMCR) (“Keurig Green Mountain”) between February 4, 2015 and May 14, 2015, inclusive (the “Class Period”).
Keurig Green Mountain, Inc. investors may receive additional information about the case by clicking the link "Join this Class Action" above.
Keurig Green Mountain, Inc. produces and sells specialty coffee, coffeemakers, teas, and other beverages in the United States and Canada. It sources, produces, and sells coffee, hot cocoa, teas, and other beverages under various brands in K-Cup, Vue, Rivo, K-Carafe, and Bolt portion packs brands; and coffee in traditional packaging, including bags and fractional packs, as well as offers whole bean and ground coffee in bags, fractional packages, and cans.
The complaint alleges that during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) defendants’ projections for sales were unrealistic and unattainable given the continuing consumer confusion over Keurig Green Mountain’s Keurig 2.0 brewing system; (2) the retail distribution of Keurig Green Mountain’s new cold brewing system, Keurig Kold, would be delayed; and (3) as a result, Defendants’ statements about Keurig Green Mountain’s business, operations, and prospects were false and misleading and/or lacked a reasonable basis.
If you are a member of the class described above, you may no later than August 18, 2015, move the Court to serve as lead plaintiff of the class, if you so choose.
A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. Any member of the purported class may move the court to serve as a lead plaintiff through counsel of their choice, or may choose to do nothing and remain an inactive class member.
Kessler Topaz Meltzer & Check, LLP has not filed a complaint in this matter. If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP.
Kessler Topaz Meltzer & Check, LLP
James Maro, Esq.
Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087
1-888-299-7706 (toll free) or 1-610-667-7706