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Stock impact report

Vita Coco ALERT: The Vita Coco Company, Inc. Investigated for Securities Fraud; Investors Who Have Lost Money Should Contact Block & Leviton

The Vita Coco Company, Inc. (COCO) 
Company Research Source: GlobeNewswire
BOSTON, March 26, 2025 (GLOBE NEWSWIRE) -- Block & Leviton is investigating The Vita Coco Company, Inc. (Nasdaq: COCO) for potential securities law violations. Investors who have lost money in their The Vita Coco Company, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/coco. What is this all about? Shares of The Vita Coco Company fell more than 12% in intraday trading on March 26, 2025 after a report by NINGI Research alleged the company misled investors about its growth and operations. The report claims Vita Coco is set to lose a key contract with Costco that represents roughly 25% of Vita Coco's net sales. NINGI also claims that the company is facing internal operational issues including supply chain mismanagement, related-party transactions, and poor performance outside its core coconut water business. Who is eligible? Anyone who purchased The Vita Coco Company, Inc. common Show less Read more
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