EQUITY ALERT: The Rosen Law Firm Files Securities Class Action Lawsuit Against Keurig Green Mountain, Inc.
June 19 2015 - 05:16PM
Business Wire
The Rosen Law Firm, a global investor rights law firm, announces
that it has filed a class action lawsuit on behalf of purchasers of
Keurig Green Mountain, Inc. (NASDAQ:GMCR) securities from February
4, 2015 through May 14, 2015, both dates inclusive (the “Class
Period”). The lawsuit seeks to recover damages for Keurig Green
Mountain investors under the federal securities laws.
To join the Keurig Green Mountain class action, go to the firm’s
website at http://www.rosenlegal.com/cases-616.html or call Phillip
Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for information on the
class action. The lawsuit is pending in U.S. District Court for the
Northern District of California.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, defendants during the Class Period
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. When the true details entered the market, the lawsuit claims
that investors suffered damages.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than
August 18, 2015. A lead plaintiff is a representative party acting
on behalf of other class members in directing the litigation. If
you wish to join the litigation, go to the firm’s website
at http://www.rosenlegal.com/cases-616.html or to discuss
your rights or interests regarding this class action, please
contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law
Firm, toll-free, at 866-767-3653, or via e-mail
at pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
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version on businesswire.com: http://www.businesswire.com/news/home/20150619005858/en/
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: 212-686-1060Toll Free: 866-767-3653Fax:
212-202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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