NEW YORK, May 27, 2015 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired common shares of Boulder Brands, Inc. (Nasdaq:BDBD) between December 23, 2013 and October 22, 2014.
You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the District of Colorado. If you purchased or otherwise acquired Boulder Brands, Inc. ("Boulder Brands") securities between December 23, 2013 and October 22, 2014, your rights may be affected by this action. To get more information, go to:
HTTP://ZLK.9NL.COM/BOULDER-BRANDS-BDBD
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
The complaint alleges that Boulder Brands failed to disclose that the Company was having problems with its inventory management and the integration of recent acquisitions, and that the Company's ongoing mix shift to lower margin products made its previously announced margin improvements unattainable.
If you suffered a loss in Boulder Brands you have until June 1, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.