Vita Coco Company Inc
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Company profile

The Vita Coco Company, Inc., formerly All Market Inc., is a plant-based functional hydration platform, which provides packaged coconut water. The Company's portfolio is led by Vita Coco, which is focused on global coconut water category with additional coconut oil and coconut milk offerings. It operates in two reporting segments: Americas and International. The Company's product categories include Vita Coco Coconut Water, Private Label and Other. Vita Coco Coconut Water consists of all branded coconut water product offerings under the Vita Coco labels. Private Label product category consists of all private label product offerings, which includes coconut water and oil. Other product category consists of all other products, which includes Runa, a plant-based energy drink; Ever & Ever, a packaged water, and PWR LIFT, a flavored protein-infused water. The Company's products also include Vita Coco Sparkling, coconut milk products and other bulk products.

Closing Price
$10.27
Day's Change
-0.29 (-2.75%)
Bid
--
Ask
--
B/A Size
--
Day's High
10.69
Day's Low
9.89
Volume
(Above Average)
Volume:
597,886

10-day average volume:
528,851
597,886

STNE Investors Have Opportunity to Lead StoneCo Ltd. Securities Fraud Lawsuit

1:00 pm ET December 1, 2021 (PR Newswire) Print

Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against StoneCo Ltd. ("StoneCo" or the "Company") (NASDAQ: STNE).

Class Period: March 11, 2021 - November 16, 2021Lead Plaintiff Deadline: January 18, 2022

If you wish to serve as lead plaintiff of the StoneCo lawsuit, you can submit your contact information at www.glancylaw.com/cases/stoneco-ltd/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that StoneCo was experiencing difficulties in implementing its credit product; (2) that StoneCo faced significant risks via its point-of-sale vendor, PAX Global Technology Ltd.; (3) that, as a result of the foregoing, the Company's financial results would be adversely impacted; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

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To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at 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.

Contacts Glancy Prongay & Murray LLP, Los Angeles Charles Linehan, 310-201-9150 or 888-773-9224 shareholders@glancylaw.com www.glancylaw.com

https://c212.net/c/img/favicon.png?sn=LA92317&sd=2021-12-01

View original content:https://www.prnewswire.com/news-releases/stne-investors-have-opportunity-to-lead-stoneco-ltd-securities-fraud-lawsuit-301434509.html

SOURCE Glancy Prongay & Murray LLP

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COMTEX_398096440/1005/2021-12-01T13:00:10

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