Press release from PR Newswire
INVESTOR ALERT - Vitacost.com, Inc.: The Law Offices of Vincent Wong Investigates the Sale of Vitacost.com, Inc. - VITC
Monday, July 07, 2014
INVESTOR ALERT - Vitacost.com, Inc.: The Law Offices of Vincent Wong Investigates the Sale of Vitacost.com, Inc. - VITC11:50 EDT Monday, July 07, 2014
NEW YORK, July 7, 2014 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Vitacost.com, Inc. (NasdaqGS: VITC) ("Vitacost") in connection with the sale of the Company to The Kroger Co. ("Kroger") (NYSE: KR).
Click here to learn about the case: http://docs.wongesq.com/VITC-Info-Request-Form-274. There is no cost or obligation to you.
Under the terms of the transaction, Vitacost shareholders will receive $8.00 for each share of Vitacost they own. The transaction is valued at approximately $280 million. The investigation concerns whether the Board of Vitacost breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Kroger is underpaying for Vitacost shares.
If you own common stock in Vitacost and wish to obtain additional information, please contact Vincent Wong, Esq. either via email firstname.lastname@example.org, by telephone at 212.425.1140, or visit http://docs.wongesq.com/VITC-Info-Request-Form-274.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq.39 East BroadwaySuite 304New York, NY 10002Tel. 212.425.1140Fax. 866.699.3880E-Mail: email@example.com
SOURCE The Law Offices of Vincent Wong