NEW YORK, July 7, 2015 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired shares of Keurig Green Mountain, Inc. ("Keurig") (NASDAQ:GMCR) between February 4, 2015 and May 14, 2015.
You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of California. If you purchased or otherwise acquired Keurig shares between February 4, 2015 and May 14, 2015, your rights may be affected by this action. To get more information go to:
http://zlk.9nl.com/keurig-green-mountain-gmcr
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The complaint alleges that the Company made false and/or misleading statements and/or failed to disclose that: (a) projections for sales were unrealistic and unattainable given the continuing consumer confusion over Keurig's 2.0 brewing system; (b) retail distribution of the new cold brewing system Keurig Kold would be delayed; and (c) as a result, statements about the Company's business, operations, and prospects were false and misleading and/or lacked a reasonable basis.
If you suffered a loss in Keurig you have until August 18, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.