STEVENSON, Md., April 20, 2017 -- The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the District of Arizona on behalf of purchasers of Inventure Foods, Inc. (Nasdaq:SNAK) (“Inventure Foods” or the “Company”) securities during the period between March 3, 2016 and March 16, 2017, inclusive (the “Class Period”). Investors who wish to become proactively involved in the litigation have until May 29, 2017 to seek appointment as lead plaintiff.
If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in Inventure Foods securities during the Class Period. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No class has yet been certified in the above action.
The complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by virtue of the defendants’ failure to disclose during the Class Period that the Company lacked adequate internal controls over accounting and financial reporting and that the Company’s statements of operations in its fiscal year 2015 results contained incorrect figures.
According to the complaint, following a March 16, 2017 filing with the Securities and Exchange Commission announcing that the Company anticipated that its statements of operations contained in its 2016 annual report would differ materially from those reported for its fourth quarter and fiscal year 2015, the value of Inventure Foods shares declined significantly.
If you have suffered a loss in excess of $100,000 from investment in Inventure Foods securities purchased on or after March 3, 2016 and held through the revelation of negative information during and/or at the end of the Class Period and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentsecuritiescases.html. You may also request more information by contacting Brower Piven either by email at [email protected] or by telephone at (410) 415-6616. Brower Piven also encourages anyone with information regarding the Company’s conduct during the period in question to contact the firm, including whistleblowers, former employees, shareholders and others.
Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s. If you choose to retain counsel, you may retain Brower Piven without financial obligation or cost to you, or you may retain other counsel of your choice. You need take no action at this time to be a member of the class.
CONTACT: Charles J. Piven Brower Piven, A Professional Corporation 1925 Old Valley Road Stevenson, Maryland 21153 Telephone: 410-415-6616 [email protected]


Jamie Dimon Signals Possible Five More Years as JPMorgan CEO Amid Ongoing Succession Speculation
U.S. Transportation Board Sends Union Pacific–Norfolk Southern Merger Back for Revision
Micron to Buy Powerchip Fab for $1.8 Billion, Shares Surge Nearly 10%
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO
California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery
U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales
Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition
BYD Shares Rise in Hong Kong on Reports of Battery Supply Talks With Ford
TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings
Baidu Shares Rise in Hong Kong After Apollo Go Robotaxi Launch in Abu Dhabi
xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny
China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability 



