Green Mountain Coffee Roasters, Inc. ("GMCR" or the Company) describes itself as a leader in the specialty coffee and coffee maker businesses.

According to a press release dated September 30, 2010, the Complaint alleges that GMCR artificially inflated the Company's stock price during the Class Period by issuing inaccurate and unreliable financial statements, which were not prepared in accordance with GAAP and SEC rules. The Complaint further alleges that on August 28, 2010, GMCR completed a sale of 8,566,649 shares of its common stock to Luigi Lavazza, for an aggregate purchase price of $250 million, despite the fact that the Company knew its reported financial statements were untrue and that it lacked adequate systems of internal operational and financial controls.

On September 28, 2010, following the close of trading, shareholders first learned that GMCR was the subject of an SEC investigation into its revenue recognition, that it had been notified by the SEC of this investigation as early as September 20, 2010, and that the Company was also expected to take a restatement charge in the near term -- rendering the Company's prior reported financial statements and reports unreliable, false, and materially misleading.

Following this announcement, shares of the Company immediately declined in after-market trading, falling over 15% -- from a close of above $37.00 per share, to a low of $31.25 per share.

On December 20, 2010, the Judge granted an order appointing lead Plaintiffs and approving lead Plaintiffs’ selection of co-lead Counsel.

On December 28, 2010, pursuant to Rule 41(a)(1)(A)(i) of the Federal Rules of Civil Procedure, a Plaintiff was voluntarily dismissed from this action.

On January 3, 2011, pursuant to Rule 41(a)(1)(A)(i) of the Federal Rules of Civil Procedure, another Plaintiff was voluntarily dismissed from this action without prejudice.

The lead Plaintiffs filed a Consolidated Class Action Complaint on February 23, 2011.

On January 27, 2012, the Court granted the Defendants’ motions to dismiss without prejudice allowing Plaintiffs to amend their Complaint within 30 days.

On April 30, 2012, Plaintiffs filed their second amended and consolidated Complaint.

On March 20, 2013, the Court granted the Defendants’ motions to dismiss the second amended Complaint with prejudice. On the same day, a judgment was also issued by the Court On April 19, Plaintiffs filed a Notice appealing the Order granting the Defendants' Motion to Dismiss. The Appeal was voluntarily withdrawn on July 29th.