Key Developments: Vitamin Shoppe Inc (VSI)
44.90USD
23 May 2013
$0.39 (+0.88%)
$44.51
$44.18
$44.99
$44.18
767,381
606,244
$65.93
$43.16
Latest Key Developments (Source: Significant Developments)
Glancy Binkow & Goldberg LLP Announces Investigation Of Vitamin Shoppe Inc
Glancy Binkow & Goldberg LLP announced that it is investigating potential claims on behalf of shareholders of Vitamin Shoppe, Inc. concerning possible breaches of fiduciary duties by the Company or fiduciaries. The investigation focuses on certain statements issued by Vitamin Shoppe between May 8, 2012 and February 25, 2013 concerning the Company's business and financial prospects. Full Article
Bernstein Liebhard LLP Announces Class Action Against Vitamin Shoppe Inc
Bernstein Liebhard LLP announced that a securities class action lawsuit has been commenced in the United States District Court for the District of New Jersey on behalf of a class (the Class) of purchasers of Vitamin Shoppe, Inc. (Vitamin Shoppe or the Company) common stock between May 8, 2012 and February 25, 2013. The complaint charges Vitamin Shoppe and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Vitamin Shoppe, through its subsidiaries, operates as a specialty retailer and direct marketer of nutritional products in the United States. The complaint alleges that during the Class Period, defendants issued materially false and misleading statements regarding the Company's operations, business trends and same-store sales trends. Specifically, defendants failed to disclose that: (i) Vitamin Shoppe's business was then being negatively impacted by competition from on-line retailers which were significantly reducing prices on popular supplements; (ii) GNC's new discount program was negatively impacting the Company's sales growth; and (iii) the Company was experiencing declining same-store sales trends. As a result of defendants' false and misleading statements, Vitamin Shoppe common stock traded at artificially inflated prices, enabling Company insiders to sell more than $30 million of their personally held Vitamin Shoppe common stock at inflated prices during the Class Period. Full Article
Briscoe Law and Powers Taylor Investigate Possible Breaches of fiduciary duty by Officers And Directors OF Vitamin Shoppe Inc
Briscoe Law and Powers Taylor announced that a federal class action lawsuit has been filed against Vitamin Shoppe, Inc. (Vitamin Shoppe or Company). The firms are investigating additional legal claims against the officers and Board of Directors of Vitamin Shoppe during the period of May 8, 2012 and February 25, 2013 (the Class Period). Specifically, the complaint alleges that among other things, defendants misrepresented and/or failed to disclose that: Vitamin Shoppe was then being negatively impacted by competition from on-line retailers which were significantly reducing prices on popular supplements; GNC`s new discount program was negatively impacting the Company`s sales growth; and the Company was experiencing declining same-store sales trends. According to the complaint, when the true facts came to light and the Company announced poor financial results for it`s fiscal and fourth quarter 2012, the price of the stock fell substantially. Full Article
Ryan & Maniskas, LLP Announces Class Action Lawsuit Against Vitamin Shoppe Inc
Ryan & Maniskas, LLP announced that class action has been filed in the United States District Court for the District of New Jersey on behalf of purchasers of Vitamin Shoppe Inc common stock during the period between May 8, 2012 and February 25, 2013 (the "Class Period"). Full Article
Bronstein, Gewirtz & Grossman, LLC Announces Class Action Lawsuit Against Vitamin Shoppe Inc
Bronstein, Gewirtz & Grossman, LLC announced that a class action law suit was filed in the United States District Court for the District of New Jersey on behalf of purchasers of Vitamin Shoppe, Inc. (Vitamin Shoppe or the Company) common stock between May 8, 2012 and February 25, 2013 inclusive (the Class Period). The complaint charges Vitamin Shoppe and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Full Article
Robbins Geller Rudman & Dowd LLP Files Class Action Suit Against Vitamin Shoppe Inc
Robbins Geller Rudman & Dowd LLP (Robbins Geller) announced that a class action has been commenced in the United States District Court for the District of New Jersey on behalf of purchasers of Vitamin Shoppe, Inc. (Vitamin Shoppe) common stock during the period between May 8, 2012 and February 25, 2013 (the Class Period). The complaint alleges that during the Class Period, defendants issued materially false and misleading statements regarding the Company`s operations, business trends and same-store sales trends. Specifically, defendants failed to disclose that: (i) Vitamin Shoppe`s business was then being negatively impacted by competition from on-line retailers which were significantly reducing prices on popular supplements; (ii) GNC`s new discount program was negatively impacting the Company`s sales growth; and (iii) the Company was experiencing declining same-store sales trends. As a result of defendants` false and misleading statements, Vitamin Shoppe common stock traded at artificially inflated prices, enabling Company insiders to sell more than $30 million of their personally held Vitamin Shoppe common stock at inflated prices during the Class Period. Full Article
Robbins Geller Rudman & Dowd LLP Files Class Action Suit Against Vitamin Shoppe Inc
Robbins Geller Rudman & Dowd LLP (Robbins Geller) announced that a class action has been commenced in the United States District Court for the District of New Jersey on behalf of purchasers of Vitamin Shoppe, Inc. (Vitamin Shoppe) common stock during the period between May 8, 2012 and February 25, 2013 (the Class Period). The complaint alleges that during the Class Period, defendants issued materially false and misleading statements regarding the Company`s operations, business trends and same-store sales trends. Specifically, defendants failed to disclose that: (i) Vitamin Shoppe`s business was then being negatively impacted by competition from on-line retailers which were significantly reducing prices on popular supplements; (ii) GNC`s new discount program was negatively impacting the Company`s sales growth; and (iii) the Company was experiencing declining same-store sales trends. As a result of defendants` false and misleading statements, Vitamin Shoppe common stock traded at artificially inflated prices, enabling Company insiders to sell more than $30 million of their personally held Vitamin Shoppe common stock at inflated prices during the Class Period. Full Article
Vitamin Shoppe Inc Updates FY 2013 Comparable Store Sales Guidance
Vitamin Shoppe Inc announced that for fiscal 2013, it expects low to mid single digit comparable store sales growth. Full Article
Brower Piven Announces Investigation Of Vitamin Shoppe Inc
Brower Piven announced that it has commenced an investigation of potential securities law violations by Vitamin Shoppe, Inc. The investigation of Vitamin Shoppe is related to whether the Company adequately disclosed the impact competition from on-line retailers and others was having on its same store sales. Full Article
Holzer Holzer & Fistel, LLC Announces Investigation Into Vitamin Shoppe Inc
Holzer Holzer & Fistel, LLC announced that it is investigating whether Vitamin Shoppe, Inc. (Vitamin Shoppe or the Company) and/or certain of its officers and directors complied with state and federal laws in making public statements between May 8, 2012 and February 25, 2013. Specifically, the investigation focuses on whether the Company adequately disclosed the impact competition from on-line retailers and others was having on its same store sales. Full Article
Vitamin Shoppe revenue growth skids; shares slide
- Nutritional products retailer Vitamin Shoppe Inc's revenue missed analysts' estimates for the first time in several quarters, hurt by the impact of superstorm Sandy, sending its shares down 19 percent.
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