Former LA Attorney General, Charles Foti and New Orleans based law firm Kahn Swick & Foti, LLC announce that they have commenced an investigation on behalf of shareholders of Vitacost.com Inc. ("Vitacost" or the "Company") (Nasdaq: VITC) to determine whether it has violated federal securities laws by issuing false and misleading statements to its shareholders in connection with its September 2009 initial public offering.

In connection with its initial public offering, on or about September 24, 2009 and continuing until April 20, 2010, Vitacost allegedly issued a false and misleading proxy and prospectus, and failed to disclose to investors that the Company was experiencing manufacturing difficulties, lacked significant oversight processes and procedures and utilized ineffective operations software, such that it was impossible to meet expectations for earnings, revenue or growth. It was not until April 20, 2010 – a short five months after the company sold over $130 million of stock to the public, including sales by insiders of at least $78.85 million of their personally held Company shares - that Vitacost revealed that severe manufacturing problems and other related issues would make it impossible for the Company to meet its earning, revenue or growth estimates. As a direct result of the revelation of these problems, Vitacost shares plunged almost $4.00 per share in early trading, to reach a low of $8.66 per share -- a decline of almost 30% in its stock price – well below the September 2009, $12.00 offering price.

If you have information that might assist KSF in its investigation of Vitacost or would like to discuss your legal rights, you may e-mail or call KSF, without obligation or cost to you. You may contact Managing Partner Lewis Kahn of KSF today via cell phone at 504-301-7900, or during work hours, direct, toll free 1-866-467-1400, ext. 100, or by email at lewis.kahn@ksfcounsel.com. KSF focuses its practice on securities fraud litigation, and the firm's lawyers have significant experience working on securities fraud cases that have resulted in significant recoveries for shareholders. For more information on KSF, please visit www.ksfcounsel.com.

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