Green Mountain Coffee Roasters GMCR Securities Stock Fraud

Company:	Green Mountain Coffee Roasters
Ticker Symbol:	GMCR
Class Period:	Jul-28-10 to Sep-28-10
Date Filed:	Oct-4-10
Lead Plaintiff Deadline:	Dec-3-10
Court:	District Court in Vermont
Allegations:

New York, NY: A class action lawsuit has been filed in the United States District Court in Vermont on behalf of those who purchased or otherwise acquired stock of Green Mountain Coffee Roasters ("Green Mountain" or the "Company") during the period between July 28, 2010 through and including September 28, 2010 (the "Class Period").

According to the complaint, Green Mountain and certain of its officers issued materially false and misleading financial statements that did not comply with Generally Accepted Accounting Principles and SEC rules. On September 28, 2010, the Company announced it was under investigation by the SEC for issues related to improper revenue recognition. The announcement also revealed that certain of the Company's previously issued financial statements would be restated. On this news, shares of the Company fell from $37 per share to a low of $27.47 per share.

If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

Green Mountain Coffee Roasters GMCR Securities Fraud Legal Help

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