Holzer Holzer & Fistel, LLC Announces Investigation Into Green Mountain Coffee Rosters, Inc


Friday, 4 May 2012 01:11pm EDT 

Holzer Holzer & Fistel, LLC announced that it is investigating potential violations of the federal securities laws by Green Mountain Coffee Rosters, Inc. The investigation focuses on whether a series of statements made between February 2, 2012 and May 2, 2012, inclusive, regarding the Company’s business, its prospects and its operations were materially false and misleading at the time they were made. Specifically, the investigation seeks to determine, among other things, whether the Company knew but failed to timely disclose that it faced declining demand for its products and slower growth overall. On May 2, 2012, Green Mountain announced that it missed second quarter sales estimates and lowered its fiscal year 2012 revenue forecasts. 

Company Quote

79.61
0.11 +0.14%
17 May 2013