|[July 03, 2014]
VITACOST.COM, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
WILMINGTON, Del. --(Business Wire)--
Rigrodsky & Long, P.A.:
Do you own shares of Vitacost.com, Inc. (NASDAQ GS: VITC)?
Did you purchase any of your shares prior to July 2, 2014?
Do you think the proposed buyout price is too low?
Do you want to discuss your rights?
& Long, P.A. announces that it is investigating potential legal
claims against the board of directors of Vitacost.com, Inc. ("Vitacost"
or the "Company") (NASDAQ GS: VITC)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company's entry into an agreement to be acquired by
The Kroger Co. ("Kroger") (NYSE: KR),
in a transaction valued at approximately $280 million.
Click here to learn more: http://www.rigrodskylong.com/investigations/vitacost-com-inc-vitc.
Under the terms of the agreement, public shareholders of Vitacost would
receive $8.00 in cash for each share of Vitacost they own.
The investigation concerns whether Vitacost's board of directors failed
to adequately shop the Company and obtain the best possible value for
Vitacost's shareholders before entering into an agreement with Kroger.
According to Yahoo! Finance, at least one analyst has issued a price
target for Vitacost stock at $10.00 per share.
If you own the common stock of Vitacost and purchased your shares before
July 2, 2014, if you have information or would like to learn more about
these claims, or if you wish to discuss these matters or have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Seth D. Rigrodsky or Gina M.
Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120,
Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to firstname.lastname@example.org,
or at: http://www.rigrodskylong.com/investigations/vitacost-com-inc-vitc.
& Long, P.A., with offices in Wilmington, Delaware and Garden
City, New York, regularly prosecutes securities
class, derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in states
and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
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