NEW YORK, July 3, 2014 /PRNewswire/ -- Levi & Korsinsky
is investigating the Board of Directors of Vitacost.com, Inc.
("Vitacost" or "the Company") (NasdaqGS: VITC) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to The Kroger Co.
("Kroger") (NYSE: KR).
Click here to learn more about the investigation:
http://zlk.9nl.com/vitacost-vitc, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, Vitacost shareholders will
receive $8.00 for each share of
Vitacost they own. The transaction is valued at approximately
$280 million. The investigation
concerns whether the Board of Vitacost breached their fiduciary
duties to stockholders by failing to adequately shop the Company
before agreeing to enter into this transaction, and whether Kroger
is underpaying for Vitacost shares.
If you own Vitacost common stock and wish to obtain additional
information, please contact Joseph E. Levi,
Esq. either via email at jlevi@zlk.com or by telephone at
(212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/vitacost-vitc.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have
recovered millions of dollars for shareholders and have extensive
expertise in prosecuting securities litigation involving financial
fraud and breaches of fiduciary duty throughout the nation. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP