SOURCE: Dyer & Berens LLP

Dyer & Berens LLP

May 23, 2012 12:36 ET

Dyer & Berens LLP Files Class Action on Behalf of Investors Who Purchased Green Mountain Coffee Roasters, Inc. Common Stock Between 2/12/12 and 5/2/12 (GMCR)

DENVER, CO--(Marketwire - May 23, 2012) - Dyer & Berens LLP (www.DyerBerens.com) today announced that it has filed a class action lawsuit in the United States District Court for the District of Vermont on behalf of purchasers of Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) common stock during the period between February 2, 2012 and May 2, 2012 (the "Class Period").

What actions may I take at this time? If you purchased shares during the Class Period and wish to serve as a lead plaintiff, you must request appointment by the court no later than July 6, 2012. A "lead plaintiff" works with counsel to direct the litigation and participates in important decisions, including the amount of compensation to accept in settlement of the class action. Members of the putative class may move the court to serve as lead plaintiffs through counsel of their choice, or may choose to do nothing and remain absent class members.

If you would like to discuss this action, the lead plaintiff process, or have any questions concerning this notice, please contact plaintiff's counsel, Jeffrey A. Berens, Esq., at (888) 300-3362 x302 or via email at jeff@dyerberens.com.

What are the allegations in the complaint? The complaint contains allegations that, during the Class Period, defendants issued materially false and misleading statements regarding the company's growth and demand for its products. Specifically, defendants misrepresented and/or failed to disclose the following adverse facts: (i) that demand for the company's brewers and portion packs had slowed; (ii) that the company's models for predicting consumer demand were flawed and ineffective; and (iii) defendants lacked a reasonable basis for their positive statements about the company and its prospects. Based upon the foregoing, the complaint charges the company and certain of its officers and directors with violations of the Securities Exchange Act of 1934.

About Dyer & Berens LLP. The plaintiff is represented by Dyer & Berens LLP. The firm's extensive experience in securities litigation, particularly in cases brought under the Private Securities Litigation Reform Act, has contributed to the recovery of hundreds of millions of dollars for aggrieved investors.

Contact Information

  • Contact:
    Jeffrey A. Berens
    Dyer & Berens LLP
    303 East 17th Avenue, Suite 300
    Denver, CO 80203
    Tel: (888) 300-3362x302
    Email: Email Contact
    Website: www.DyerBerens.com