Thieler Law Corp advises investors with losses exceeding $100,000 of the August 18, 2015 lead plaintiff deadline in a class action lawsuit filed against Keurig Green Mountain Inc (NASDAQ: GMCR) (“Green Mountain” or “the Company”). The suit is pending in the U.S. District Court for the Northern District of California and investors, who purchased Green Mountain securities between February 4, 2015 and May 14, 2015, have until August 18, 2015 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Green Mountain securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 866-6157 or emailing mail@thielerlaw.com .  No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Green Mountain's projections for sales were unrealistic and unattainable given the continuing consumer confusion over Keurig Green Mountain's Keurig 2.0 brewing system and that the retail distribution of Keurig Green Mountain's new cold brewing system, Keurig Kold, would be delayed.  Due to the lack of disclosure of these facts, statements about Keurig Green Mountain's business, operations, and prospects were false and misleading and/or lacked a reasonable basis.

Green Mountain reported reported that its annual Total Revenue rose from over $2.65 billion for the 52 weeks period that ended on September 24, 2011 to over $4.7 billion for the 52 weeks period that ended on September 27, 2014, and that its Net Income for those respective time periods increased from $199.50 million to $596.52 million. Shares of Keurig Green Mountain Inc (NASDAQ:GMCR) grew from $17.57 per share in July 2012 to as high as $154.27 per share in November 2014.

On May 7, 2015, Keurig Green Mountain Inc announced unexpectedly low revenues and earnings; projected flat to low-single digit year-over-year net sales growth, compared to its previous expectations of mid-to high-single digit growth; and also reduced its free cash flow range to $120 million to $170 million, down from an expected range of $225 million to $325 million. Keurig Green Mountain Inc attributed its poor performance on pod compatibility confusion with the Keurig 2.0 brewer, and on issues with partnerships in its K-cup brand coffee and tea offerings.

After the release of this news, GMCR shares declined $9.92 per share, or 9%, to close on May 7, 2015 at $98.16 on volume of nearly 10 million shares.

If you were negatively impacted by your investment in Green Mountain securities between February 4, 2015 and May 14, 2015and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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