COCO Vita Coco Company Inc

Shareholder Class Action Against Corinthian Colleges, Inc., Announced by Weiss & Yourman LOS ANGELES, July 9 /PRNewswire/ -- The law firm of Weiss & Yourman announced today that it has filed a lawsuit seeking class action status in the United States District Court for the Central District of California on behalf of purchasers of Corinthian Colleges, Inc. (NASDAQ:COCO) securities from August 27, 2003, through June 23, 2004, inclusive. Corinthian operates approximately 150 for-profit colleges and training centers in North America, including Bryman College, Florida Metropolitan University, Rhodes College and the National Institute of Technology. The complaint alleges that Corinthian and certain of its officers violated federal securities laws by failing to disclose the Company's lack of internal controls and that the Department of Education had uncovered violations in the application process for federal student loans at one of its campuses in December of 2003. The complaint further alleges that as a result, the school had lost its ability to receive advance payments on its student loans. Only after these events were ultimately revealed by certain publications did the Company acknowledge them to the investing community. In fact, during the Class Period, defendants specifically denied knowledge of any "events or activities that would warrant any concern in the Company's performance," and continued to announce record results and optimistic forecasts to the market. All the while, certain Company insiders sold more than $18 million worth of their personal shares of Corinthian stock during the Class Period. Plaintiff seeks to recover damages on behalf of the Class and is represented by Weiss & Yourman. The firm, with offices in New York and Los Angeles, has extensive experience in complex litigation, particularly securities class actions, and has been appointed lead class counsel in numerous consolidated and multi-district cases. You may visit the firm's website at http://www.wyca.com/. If you are a member of the Class as described above, you may move the Court no later than September 7, 2004, to serve as a Lead Plaintiff for the Class. However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995. If you wish to discuss this action, participate in this suit, or have any questions or concerns regarding this notice, or preservation of your rights, please contact: Weiss & Yourman -- Los Angeles Telephone: (800) 437-7918 email: internet: http://www.wyca.com/ DATASOURCE: Weiss & Yourman CONTACT: Weiss & Yourman, Los Angeles, +1-800-437-7918, Web site: http://www.wyca.com/

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