Press release from Business Wire
Investor Alert: Former Louisiana Attorney General and Kahn Swick & Foti, LLC, Remind Investors with Large Financial Interests of Lead Plaintiff Deadline in Class Action Lawsuit Against Green Mountain Coffee Roasters, Inc.
Tuesday, May 08, 2012
Investor Alert: Former Louisiana Attorney General and Kahn Swick & Foti, LLC, Remind Investors with Large Financial Interests of Lead Plaintiff Deadline in Class Action Lawsuit Against Green Mountain Coffee Roasters, Inc.00:00 EDT Tuesday, May 08, 2012 NEW ORLEANS (Business Wire) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 6, 2012 to file lead plaintiff applications in a securities class action lawsuit against Green Mountain Coffee Roasters, Inc. (NASDAQ:GMCR), if they purchased the Company's common stock during the period between February 2, 2012 and May 2, 2012, inclusive (the "Class Period"). This action is pending in the United States District Court for the District of Vermont. What You May Do If you purchased shares of Green Mountain and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, e-mail or call KSF Managing Partner, Lewis Kahn (firstname.lastname@example.org), toll free, 877-515-1850, or via cell phone any time at 504-301-7900, or KSF Director of Client Relations, Neil Rothstein, Esq. (email@example.com), toll free at 877-694-9510, or via cell phone any time at 330-860-4092. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by July 6, 2012. About the Lawsuit Green Mountain and certain of its senior executives are charged with issuing materially false and misleading statements, during the Class Period, in violation of federal securities laws. On May 2, 2012, Green Mountain issued a release announcing quarterly financial results, well below prior guidance. At that time, the Company also revised downward, guidance for the full fiscal year 2012. The next trading day, Green Mountain shares fell $23.65 per share – a decline of almost 50% - to close at $25.87 per share, compared to the prior day's close of $49.52 per share. About Kahn Swick & Foti, LLC To learn more about KSF, whose partners include the Former Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers with significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders, you may visit www.ksfcounsel.com. Kahn Swick & Foti, LLCLewis Kahn, Managing Partner, 877-515-1850or after hours via cell phone firstname.lastname@example.org