GPM Reminds Investors of the Upcoming Deadline in the Class Action on Behalf of Keurig Green Mountain, Inc. Investors

LOS ANGELES--(BUSINESS WIRE)-- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the August 18, 2015 deadline to file a lead plaintiff motion in the class action complaint filed on behalf of a class comprising purchasers of the securities of Keurig Green Mountain, Inc. (“Keurig” or the “Company”) (NASDAQ: GMCR) between February 4, 2015 and May 14, 2015, inclusive (the “Class Period”). This class action seeks to recover damages against defendants for alleged violations of the federal securities laws.

Keurig, through its subsidiaries, manufactures and distributes beverage systems. The Company has recently announced a new system, the Keurig 2.0, that purportedly allows users to brew cold beverages, including sodas, at home. The complaint, filed against the Company and its executives, alleges that defendants made false and/or misleading statements and/or allegedly failed to disclose that: (1) defendants’ projections for sales were unrealistic and unattainable given the continuing consumer confusion over Keurig Green Mountain’s Keurig 2.0 brewing system; (2) the retail distribution of Keurig Green Mountain’s new cold brewing system, Keurig Kold, would be delayed; and (3) as a result, Defendants’ statements about Keurig Green Mountain’s business, operations, and prospects were false and misleading and/or lacked a reasonable basis. Upon disclosure of the Company’s fraudulent behavior, shares of Keurig declined in value over several trading sessions, thereby damaging investors.

If you purchased Keurig shares, if you have information or would like to learn more about these claims, or have any questions concerning this announcement, please contact Casey Sadler of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150813006164/en/

Glancy Prongay & Murray LLP, Los Angeles
Casey Sadler
310-201-9150 or 888-773-9224
[email protected]
www.glancylaw.com

Source: Glancy Prongay & Murray LLP

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