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Louisiana Municipal Police Employees' Retirement System v. Green Mountain Coffee Roasters, Inc. et al
Case Number:
2:11-cv-00289
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Barrack Rodos
- Bernstein Litowitz
- Downs Rachlin
- Gravel & Shea
- Kessler Topaz
- Lynn Lynn Blackman & Manitsky
- Ropes & Gray
- Shearman & Sterling
Companies
- Bank of America Corp.
- Canaccord Genuity Group Inc.
- Janney Montgomery Scott LLC
- Keurig Dr Pepper Inc.
- RBC Capital Markets
- Santander Investment Securities Inc.
- Wells Fargo & Co.
- William Blair & Co. LLC
Sectors & Industries:
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June 19, 2018
Keurig Inks $36.5M Settlement Over 2011 Stock Drop
Keurig Green Mountain Inc. has agreed to pay $36.5 million to settle a securities fraud suit that accused the company and two executives of misleading shareholders about sales and revenue expectations in 2011, according to papers filed Tuesday in Vermont federal court.
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September 20, 2017
Keurig Green Mountain Seeks Quick Win In Stock-Drop Suit
Keurig Green Mountain Inc. has urged a Vermont federal court to grant it and its former top officers a quick win in a securities class action that accuses them of misleading the market with a "false growth story," telling the court that the investors behind the suit can't connect their allegations to the losses they claim to have suffered.
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July 21, 2017
Green Mountain Investors Win Cert. In Stock Drop Suit
A Vermont federal judge on Friday certified a class of investors in a long-running suit against Green Mountain for allegedly misstating its revenue and lying about single-cup coffee maker sales, while also shutting down the company's bid to partially dismiss the case.
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May 02, 2017
Green Mountain Fights Investor Cert. Bid In Coffee Suit
Green Mountain Coffee Roasters Inc. urged a Vermont federal court on Monday to deny class certification to investors that allege the company told them a "false growth story" and lied about its Keurig coffee brewers sales, saying the investors failed to show that common issues predominate over individual issues.
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October 31, 2012
Green Mountain Lied About Keurig Coffee Sales, Investors Say
Green Mountain Coffee Roasters Inc. lied about demand for its Keurig coffee brewers and misled auditors and investors about a large unsold backlog by trucking products between warehouses just before inspections, according to a consolidated securities class action filed Tuesday.
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December 01, 2011
Green Mountain Coffee Faces Investor Action Over Losses
A shareholder hit Green Mountain Coffee Roasters Inc. with a putative securities class action Wednesday in Vermont alleging shareholders lost billions of dollars when it came to light that the company had misstated millions in revenue.