The Vita Coco Company, Inc. Class Action Lawsuit - COCO

The filed complaint alleges that The Vita Coco Company, Inc. made materially false and/or misleading statements and/or failed to disclose that: NINGI Research published a report on March 26, 2025, highlighting critical issues affecting Vita Coco. The report stated, “We uncovered that Costco, Vita Coco’s largest private label customer, will ultimately terminate its contract with the company, despite having renewed their partnership in 2023. This decision will result in an estimated $90 million revenue shortfall for Vita Coco by the end of 2025 and position Costco as its strongest competitor. Vita Coco is suffering from structural internal deficiencies, such as undisclosed related-party transactions and supply chain mismanagement. We believe the company focuses on misleading the markets while insiders offload stock.” The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws.

In order to be eligible to join the COCO class action lawsuit, you must have incurred a loss on shares of The Vita Coco Company, Inc. purchased during the class period listed above.