Vitamin Shoppe Inc

0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS

Case Summary
Company Name: Vitamin Shoppe Inc
Stock Symbol : NYSE: VSI
Class Period Start: 03/01/2017
Class Period End: 08/06/2017
Lead Plaintiff motion: 10/27/2017
Date Filed: 08/28/2017
Type of Case: Securities Class Action
Court: U.S. District Court for the District of New Jersey
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the October 27, 2017 lead plaintiff deadline in a class action lawsuit filed against Vitamin Shoppe Inc (NYSE: VSI) (“Vitamin Shoppe” or “the Company”). The suit is pending in the U.S. District Court for the District of New Jersey and investors, who purchased Vitamin Shoppe Inc securities between March 1, 2017 and August 6, 2017, have until October 27, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Vitamin Shoppe Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 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 the Company's retail segment was continuing to dramatically decline; that its ongoing "reinvention plan" had been unsuccessful and brought more than $168 million in goodwill impairment, and it was not properly recognizing that impairment charge; and that as a result of the above, the Company's public statements were materially false and misleading at all relevant times.

On May 10, 2017, Vitamin Shoppe released first quarter 2017 financial results that were lower than the market had been led to expect and slashed its fiscal 2017 guidance by 45%, yet claimed the “reinvention plan” was still succeeding.

Following this news, NYSE: VSI dropped by 33%, to close at $12.70 per share.

If you were negatively impacted by your investment in Vitamin Shoppe Inc securities between March 1, 2017 and August 6, 2017 and 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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