NEW YORK--(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 email@example.com or firstname.lastname@example.org 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 email@example.com or firstname.lastname@example.org.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.