Ryan & Maniskas, LLP Announces An Investigation on Behalf of Vitacost.com, Inc. Shareholders
24 4월 2010 - 7:00AM
Business Wire
Ryan & Maniskas, LLP has commenced an investigation into
potential securities law violations by certain officers of
Vitacost.com, Inc. (“Vitacost” or the “Company”) (NASDAQ:VITC).
Vitacost shareholders who purchased shares of Vitacost between
September 24, 2009 and April 20, 2010 (including those shareholders
who purchased shares of Vitacost in its initial public offering in
September 2009) should contact Richard A. Maniskas, Esquire at
877-316-3218 to learn more about this investigation.
Vitacost.com is an online retailer and direct marketer of health
and wellness products. On April 20, 2010, Vitacost announced that
it had cut its first-quarter and full-year profit and revenue
estimates, citing disappointing sales along with manufacturing
problems. The Company also stated that first-quarter sales were
less than it expected partly because of increased sales of less
profitable products made by third parties. Vitacost also stated
that $1 million to $1.2 million in shipments of Nutraceutical
Sciences Institute products were delayed because of manufacturing
problems at a facility in Lexington, N.C.
Our investigation concerns possible securities law violations
related to the Company’s public statements between September 24,
2009 and April 20, 2010, regarding Vitacost’s business, operations
and financial prospects.
If you purchased Vitacost between September 24, 2009 and April
20, 2010 and would like to learn more about these claims or if you
wish to discuss these matters and have any questions concerning
this announcement or your rights, contact Richard A. Maniskas,
Esquire toll-free: (877) 316-3218 or visit:
www.rmclasslaw.com/cases/vitacost. You may also email Mr. Maniskas
at rmaniskas@rmclasslaw.com. For more information about class
action cases in general, please visit our website:
www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan and Maniskas, LLP is devoted to protecting the interests
of individual and institutional investors in shareholder actions in
state and federal courts nationwide.
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