Johnson Fistel Launches Investigation into The Vita Coco Company Following Short Report Claims

Core Viewpoint - Johnson Fistel, PLLP is investigating The Vita Coco Company, Inc. for potential violations of securities laws related to misrepresentation and failure to disclose information to investors, which may have led to investor losses [1][3]. Group 1: Investigation Details - The investigation is prompted by a report from NINGI Research, which claims that Costco, Vita Coco's largest private label customer, plans to terminate its contract, resulting in an estimated revenue shortfall of $90 million by the end of 2025 [3]. - The report also highlights structural internal deficiencies within Vita Coco, including undisclosed related-party transactions and supply chain mismanagement, suggesting that the company may be misleading the market while insiders sell off stock [3]. Group 2: Investor Information - Investors who purchased Vita Coco securities and suffered losses are encouraged to join the investigation, with no cost or obligation [2]. - Individuals with nonpublic information about Vita Coco are advised to consider assisting the investigation or utilizing the SEC Whistleblower program, which may offer rewards of up to 30% of any successful recovery [3]. Group 3: Company Background - Johnson Fistel, PLLP is a nationally recognized law firm specializing in shareholder rights and securities class action lawsuits, with a strong track record of recovering significant amounts for investors [4][5].