|[July 02, 2014]
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation of Vitacost.com, Inc. and Its Board of Directors In Connection With the Sale of the Company to The Kroger Co.
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of
Vitacost.com, Inc. ("Vitacost" or "the Company") (NasdaqGS:VITC) for
possible breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to The Kroger Co. ("Kroger")
Click here to learn more about the investigation: http://zlk.9nl.com/vitacost-vitc,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Vitacst shareholders will receive
$8.00 for each share of Vitacost they own. The transaction is valued at
approximately $280 million. The investigation concerns whether the Board
of Vitacost breached their fiduciary duties to stockholders by failing
to adequately shop the Company before agreeing to enter into this
transaction, and whether Kroger is underpaying for Vitacost shares.
If you own Vitacost common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at email@example.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/vitacost-vitc.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have
recovered millions of dollars for shareholders and have extensive
expertise in prosecuting securities litigation involving financial fraud
and breaches of fiduciary duty throughout the nation. For more
information, please feel free to contact any of the attorneys listed
below. Attorney advertising. Prior results do not guarantee similar
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