|[July 25, 2014]
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action Against Annie's, Inc. and Its Board of Directors and a Lead Plaintiff Deadline of August 11, 2014
NEW YORK --(Business Wire)--
Levi & Korsinsky announces that a class action lawsuit has been
commenced in the United States District Court for the Northern District
of California on behalf of investors who purchased Annie's, Inc.
("Annie's" or the "Company") (NYSE:BNNY) common stock between August 8,
2013 and June 3, 2014.
For more information, click here: http://zlk.9nl.com/annies-bnny.
The complaint alleges that the Company misrepresented and/or failed to
disclose material adverse facts about the Company's operations and
financial performance, including that: (a) the Company's historical
methodology for estimating cetain trade allowances did not include all
related trade promotion costs; (b) the Company's controls over
accounting for contract manufacturing did not sufficiently evaluate the
valuation and accuracy of all contract manufacturing receivables and
payables; (c) the Company had insufficient internal controls that
resulted in a material weakness in its ability to detect misstatements;
and (d) as a result of said inadequate controls, the Company's financial
statements were materially false and misleading.
If you suffered a loss in Annie's you have until August 11, 2014 to
request that the Court appoint you as lead plaintiff. Your ability to
share in any recovery doesn't require that you serve as a lead
plaintiff. To obtain additional information, contact Joseph E. Levi,
Esq. either via email at firstname.lastname@example.org
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/annies-bnny.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please feel
free to contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
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