SECURITIES ALERT: Rosen Law Firm Reminds Calavo Growers Inc. Investors of Important March 23, 2015 Deadline in Class Action

NEW YORK--()--Rosen Law Firm reminds purchasers of the common stock of Calavo Growers, Inc. (NASDAQ: CVGW) between March 9, 2012 and January 15, 2015, of the important March 23, 2015 lead plaintiff deadline in the class action.

To join the Calavo class action, visit the firm’s website at http://www.rosenlegal.com/cases-480.html, or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free, at 866-767-3653; you may also email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action. The case is pending the U.S. District Court for the Central 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 CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS MEMBER.

According to the lawsuit, the Company made false and/or misleading statements and/or failed to disclose that: (i) it failed to maintain accurately valued contingent consideration in connection with an acquisition; (ii) it overstated its non-cash operating expenses; (iii) it lacked adequate internal controls over financial reporting; and (iv) as a result of the above, the Company’s financial statements were materially false and misleading at all relevant times.

On January 15, 2015, the Company announced it will record a non-cash charge which it will now treat as an amortization expense totaling $88.9 million before tax related to the misstatement in its treatment of contingent consideration. On this news, shares of Calavo Growers fell $4.72 per share or over 9% to close at $43.07 per share on January 15, 2015, damaging investors.

If you wish to serve as lead plaintiff, you must move the Court no later than March 23, 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 http://www.rosenlegal.com/cases-480.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of The Rosen Law Firm, toll-free, at 866-767-3653, or via e-mail at pkim@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Contacts

The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com

Release Summary

The Rosen Law Firm Representing Calavo Growers Inc. Shareholders in Securities Class Action Seeking to Recover Investment Losses - CVGW

Contacts

The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com