San Diego, CA -- (SBWIRE) -- 08/13/2012 -- An investigation on behalf of investors of Monster Beverage Corp (NASDAQ:MNST) shares over potential securities laws violations by Monster Beverage Corp and certain of its directors and in connection with certain statements was announced.
Investors who purchased shares of Monster Beverage Corp (NASDAQ:MNST), have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Monster Beverage Corp (NASDAQ:MNST) concerning whether a series of statements by Monster Beverage Corp regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
from over $1.03 billion in 2008 to over $1.7 billion in 2011 and its Net Income over the respective time periods rose from $108.03 million in ’08 to $286.22 million in 2011.
On August 9, 2012, Monster Beverage Corp (NASDAQ:MNST) disclosed in a filing with the Securities and Exchange Commission that in July 2012, it received a subpoena from a state attorney general in connection with an investigation concerning the Company’s advertising, marketing, promotion, ingredients, usage and sale of its Monster Energy® brand of energy drinks.
Shares of Monster Beverage Corp (NASDAQ:MNST) fell from over $68 per share on August 7, 2012, to as low as $53.69 per share during August 10, 2012.
Those who purchased shares of Monster Beverage Corp (NASDAQ:MNST) and currently hold those Monster Beverage Corp shares, may have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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