May 18, 2013
/PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Vitamin Shoppe, Inc. ("Vitamin Shoppe" or the "Company") (NYSE: VSI).
The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) Vitamin Shoppe's business was being negatively impacted by competition from online retailers who were significantly reducing prices on popular supplements; (2) GNC's new discount program was negatively impacting the Company's sales growth; and (3) the Company was experiencing declining same-store sales trends. While Vitamin Shoppe's common stock traded at artificially inflated prices, Company insiders sold more than
of their personally held Vitamin Shoppe shares.
February 25, 2013
, Vitamin Shoppe announced disappointing financial results for the Company's fiscal and fourth quarter 2012 despite having previously guided toward strong fiscal sales and profits since May 2012. In response, the price of the Company's stock fell
per share, or more than 18.76% that day.
Request more information now by clicking here: www.faruqilaw.com/VSI. There is no cost or obligation to you.
If you invested in Vitamin Shoppe stock or options between
May 8, 2012
February 25, 2013
and would like to discuss your legal rights, visit
. You can also contact us by calling
toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to
. Faruqi & Faruqi, LLP also encourages anyone with information regarding Vitamin Shoppe's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.FARUQI & FARUQI, LLP369 Lexington Avenue, 10th Floor
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Richard Gonnello, Esq.
Francis McConville, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
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