Glancy Prongay & Murray LLP Announces That a Class Action Has Been Filed on Behalf of Keurig Green Mountain, Inc. Investors

Glancy Prongay & Murray LLP announces that a class action complaint has been filed on behalf of a class comprising purchasers of the securities of Keurig Green Mountain, Inc. (“Keurig” or the “Company”) (NASDAQ:GMCR) between February 4, 2015 and May 14, 2015, inclusive (the “Class Period”). This class action seeks to recover damages against defendants for alleged violations of the federal securities laws. Keurig investors have until August 18, 2015 to file a motion for appointment as a lead plaintiff.

Keurig, through its subsidiaries, manufactures and distributes beverage systems. The Company has recently announced a new system, the Keurig 2.0, that purportedly allows users to brew cold beverages, including sodas, at home. The complaint, filed against the Company and its executives, alleges that defendants made false and/or misleading statements and/or allegedly failed to disclose that: (1) defendants’ projections for sales were unrealistic and unattainable given the continuing consumer confusion over Keurig Green Mountain’s Keurig 2.0 brewing system; (2) the retail distribution of Keurig Green Mountain’s new cold brewing system, Keurig Kold, would be delayed; and (3) as a result, Defendants’ statements about Keurig Green Mountain’s business, operations, and prospects were false and misleading and/or lacked a reasonable basis. Upon disclosure of the Company’s fraudulent behavior, shares of Keurig declined in value, thereby damaging investors.

If you purchased Keurig shares, if you have information or would like to learn more about these claims, or have any questions concerning this announcement, please contact Lesley Portnoy, of Glancy Prongay & Murray LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [e-mail], or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150622005975/en/

Glancy Prongay & Murray, Los AngelesLesley Portnoy310-201-9150 or [e-mail]