The Vita Coco Company, Inc. (NASDAQ: COCO)

This investigation is for anyone who acquired securities in The Vita Coco Company, Inc. (NASDAQ: COCO) prior to March 26, 2025.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by, among other things, failing to timely inform investors that it was going to lose its largest customer, Costco, for failing to reliably deliver on the contract between the companies.

On March 26, 2025, NINGI Research published a report alleging that Vita Coco is “suffering from structural internal deficiencies, such as undisclosed related-party transactions and supply chain mismanagement.”  The report alleges “Vita Coco misled investors about its 2018 acquisition of energy drink ‘Runa’” by failing to disclose a “related-party transaction.” The report further alleges the Company’s largest private label customer, Costco, “is moving to source Kirkland Coconut Water from a Vita Coco competitor” and “will ultimately terminate its contract with the company” “after Vita Coco failed to deliver reliably last year.” The report concludes this “will result in an estimated $90 million revenue shortfall for Vita Coco by the end of 2025.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in The Vita Coco Company, Inc. (NASDAQ: COCO) prior to March 26, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.