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Associated Press
31-03-2025
- Business
- Associated Press
VITA COCO Investors Are Encouraged to Contact Kaplan Fox & Kilsheimer LLP Regarding Potential Securities Law Violations
NEW YORK, NY - March 31, 2025 ( NEWMEDIAWIRE) - Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against The Vita Coco Company, Inc. ('Vita Coco' or the 'Company') (NASDAQ: COCO). If you are a Vita Coco investor and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003. NINGI Research issued a report ('The Report') alleging that 'Vita Coco has been suffering inventory shortages of its own making in 2024 so severe that retail partnerships have suffered – as have sales.' In particular, the Report alleges that Costco, Vita Coco's largest private label customer, 'will ultimately terminate its contract with the company, despite having renewed their partnership in 2023' and that 'Walmart has already moved Vita Coco's branded products to a less frequented aisle and has materially reduced SKUs, resulting in a double-digit decline across all Walmart stores.' According to The Report, the loss of the Costco contract 'will trigger a cascading financial crisis for Vita Coco, losing $90 million in private-label revenue. . . .' Later that day, before the markets closed, the Company issued a statement regarding The Report. The Company stated they found The Report 'contains numerous inaccuracies and mischaracterizations.' The Company also stated that: 'As we've previously highlighted, last year, we experienced significant inventory constraints which led to unacceptable private label service levels that were below our standards. As a result of these challenges, we currently expect to lose some regions with certain private label retailers during 2025. Assuming this occurs, this will initially appear on our second quarter shipments with deeper impact in subsequent quarters. These assumptions are built into our current forecast for full year net sales.' Following this news, the price of Vita Coco stock fell $3.90 per share, or 11%, to close at $31.55 per share on March 26, 2025. WHY CONTACT KAPLAN FOX - Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. KAPLAN FOX & KILSHEIMER LLP 800 Third Avenue, 38th Floor New York, New York 10022 (646) 315-9003 Laurence D. King KAPLAN FOX & KILSHEIMER LLP 1999 Harrison Street, Suite 1560 Oakland, California 94612 (415) 772-4704
Associated Press
28-03-2025
- Business
- Associated Press
Kaplan Fox & Kilsheimer LLP is Investigating Potential Securities Law Violations Against The Vita Coco Company, Inc. (COCO)
NEWMEDIAWIRE) - Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against The Vita Coco Company, Inc. ('Vita Coco' or the 'Company') (NASDAQ: COCO). If you are a Vita Coco investor and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003. On March 26, 2025, NINGI Research issued a report ('The Report') alleging that 'Vita Coco has been suffering inventory shortages of its own making in 2024 so severe that retail partnerships have suffered – as have sales.' In particular, the Report alleges that Costco, Vita Coco's largest private label customer, 'will ultimately terminate its contract with the company, despite having renewed their partnership in 2023' and that 'Walmart has already moved Vita Coco's branded products to a less frequented aisle and has materially reduced SKUs, resulting in a double-digit decline across all Walmart stores.' According to The Report, the loss of the Costco contract 'will trigger a cascading financial crisis for Vita Coco, losing $90 million in private-label revenue. . . .' Later that day, before the markets closed, the Company issued a statement regarding The Report. The Company stated they found The Report 'contains numerous inaccuracies and mischaracterizations.' The Company also stated that: 'As we've previously highlighted, last year, we experienced significant inventory constraints which led to unacceptable private label service levels that were below our standards. As a result of these challenges, we currently expect to lose some regions with certain private label retailers during 2025. Assuming this occurs, this will initially appear on our second quarter shipments with deeper impact in subsequent quarters. These assumptions are built into our current forecast for full year net sales.' Following this news, the price of Vita Coco stock fell $3.90 per share, or 11%, to close at $31.55 per share on March 26, 2025. WHY CONTACT KAPLAN FOX - Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. KAPLAN FOX & KILSHEIMER LLP 800 Third Avenue, 38th Floor New York, New York 10022 (646) 315-9003 Laurence D. King 1999 Harrison Street, Suite 1560 Oakland, California 94612 (415) 772-4704
Globe and Mail
28-03-2025
- Business
- Globe and Mail
Kaplan Fox & Kilsheimer LLP is Investigating Potential Securities Law Violations Against The Vita Coco Company, Inc. (COCO)
NEW YORK - March 28, 2025 (NEWMEDIAWIRE) - Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against The Vita Coco Company, Inc. ('Vita Coco' or the 'Company') (NASDAQ: COCO). If you are a Vita Coco investor and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing pmayer@ or by calling (646) 315-9003. On March 26, 2025, NINGI Research issued a report ('The Report') alleging that 'Vita Coco has been suffering inventory shortages of its own making in 2024 so severe that retail partnerships have suffered – as have sales.' In particular, the Report alleges that Costco, Vita Coco's largest private label customer, 'will ultimately terminate its contract with the company, despite having renewed their partnership in 2023' and that ' Walmart has already moved Vita Coco's branded products to a less frequented aisle and has materially reduced SKUs,resulting in a double-digit decline across all Walmart stores.' According to The Report, the loss of the Costco contract ' will trigger a cascading financial crisis for Vita Coco, losing $90 million in private-label revenue. . . .' Later that day, before the markets closed, the Company issued a statement regarding The Report. The Company stated they found The Report 'contains numerous inaccuracies and mischaracterizations.' The Company also stated that: 'As we've previously highlighted, last year, we experienced significant inventory constraints which led to unacceptable private label service levels that were below our standards. As a result of these challenges, we currently expect to lose some regions with certain private label retailers during 2025. Assuming this occurs, this will initially appear on our second quarter shipments with deeper impact in subsequent quarters. These assumptions are built into our current forecast for full year net sales.' Following this news, the price of Vita Coco stock fell $3.90 per share, or 11%, to close at $31.55 per share on March 26, 2025. WHY CONTACT KAPLAN FOX - Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. If you have any questions about this investigation, please contact: CONTACT: Pamela A. Mayer KAPLAN FOX & KILSHEIMER LLP 800 Third Avenue, 38th Floor New York, New York 10022 (646) 315-9003 pmayer@ Laurence D. King KAPLAN FOX & KILSHEIMER LLP 1999 Harrison Street, Suite 1560 Oakland, California 94612 (415) 772-4704 lking@ Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
Associated Press
28-03-2025
- Business
- Associated Press
Kaplan Fox & Kilsheimer LLP is Investigating The Vita Coco Company, Inc. (COCO) for Potential Securities Law Violations
NEWMEDIAWIRE) - Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against The Vita Coco Company, Inc. ('Vita Coco' or the 'Company') (NASDAQ: COCO). If you are a Vita Coco investor and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003. On March 26, 2025, NINGI Research issued a report ('The Report') alleging that 'Vita Coco has been suffering inventory shortages of its own making in 2024 so severe that retail partnerships have suffered – as have sales.' In particular, the Report alleges that Costco, Vita Coco's largest private label customer, 'will ultimately terminate its contract with the company, despite having renewed their partnership in 2023' and that 'Walmart has already moved Vita Coco's branded products to a less frequented aisle and has materially reduced SKUs, resulting in a double-digit decline across all Walmart stores.' According to The Report, the loss of the Costco contract 'will trigger a cascading financial crisis for Vita Coco, losing $90 million in private-label revenue. . . .' Later that day, before the markets closed, the Company issued a statement regarding The Report. The Company stated they found The Report 'contains numerous inaccuracies and mischaracterizations.' The Company also stated that: 'As we've previously highlighted, last year, we experienced significant inventory constraints which led to unacceptable private label service levels that were below our standards. As a result of these challenges, we currently expect to lose some regions with certain private label retailers during 2025. Assuming this occurs, this will initially appear on our second quarter shipments with deeper impact in subsequent quarters. These assumptions are built into our current forecast for full year net sales.' Following this news, the price of Vita Coco stock fell $3.90 per share, or 11%, to close at $31.55 per share on March 26, 2025. WHY CONTACT KAPLAN FOX - Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. KAPLAN FOX & KILSHEIMER LLP 800 Third Avenue, 38th Floor New York, New York 10022 (646) 315-9003 Laurence D. King KAPLAN FOX & KILSHEIMER LLP 1999 Harrison Street, Suite 1560 Oakland, California 94612
Associated Press
24-03-2025
- Business
- Associated Press
HSAI ALERT: Kaplan Fox & Kilsheimer LLP is Investigating Hesai Group (HSAI) for Potential Securities Law Violations
NEWMEDIAWIRE) - Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against Hesai Group ('Hesai' or the 'Company') (NASDAQ: HSAI). If you are a Hesai investor and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003. On March 18, 2025, Blue Orca Capital ('The Report') issued a report revealing, amongst other things, that Hesai has been misleading investors in regard to their financials and business operations. The Report alleges that the Company has not disclosed the loss of its largest customer and that they are laying off approximately 30% of their employees. Their financials are riddled with inconsistencies that 'do not appear to behave according to the basic laws of financial physics', according to The Report. The Company was also designated by the Department of Defense as a 'Chinese military company' in January 2024 which has lead to larger implications of the business. Following this news, the price of Hesai stock fell $1.74 per share, over 7%, to close at $20.56 per share on March 18, 2025. WHY CONTACT KAPLAN FOX - Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. 800 Third Avenue, 38th Floor New York, New York 10022 (646) 315-9003 Laurence D. King 1999 Harrison Street, Suite 1560 Oakland, California 94612 (415) 772-4704
