Glancy Prongay & Murray LLP announces that a class action lawsuit has been filed on behalf of investors of Boulder Brands, Inc. ("Boulder Brands" or the "Company") (NASDAQ: BDBD) who purchased the Company's securities between December 23, 2013 and October 22, 2014 (the, "Class Period"). Investors who purchased the Company's shares during the Class Period have until May 31, 2015 to file a motion to be appointed as lead plaintiff. The complaint alleges that the Company and its officers misled investors about Boulder Brands' business, operations, and financial prospects. Specifically, the complaint alleges that the defendants concealed that: (1) the Company was experiencing significant acquisition integration issues; (2) the increased execution complexity caused by the expansion of brands and product portfolio created significant inventory and supply chain problems within the Company; (3) the market for the Company's Smart Balance products was decelerating significantly, creating margin pressures; (4) the Company was experiencing service issues and inventory control problems; and (5) as a result of the foregoing, defendants' statements regarding the Company's financial performance, margins and margin improvement projects, and expected earnings were false and misleading. When these facts were disclosed to the market, Boulder Brands investors were damaged by a sharp decline in the Company's share price. If you purchased shares of Boulder Brands between December 23, 2013 and October 22, 2014, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of Glancy Prongay & Murray LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to firstname.lastname@example.org, or visit our website at http://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.
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