An investigation for current long-term investors in shares of WhiteWave Foods Co (NYSE:WWAV) over potential wrongdoing by certain officers and directors of WhiteWave Foods was announced and current long-term NYSE:WWAV stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

San Diego, CA -- (SBWire) -- 09/18/2013 --An investigation on behalf of current long-term stockholders of shares of WhiteWave Foods Co (NYSE:WWAV) was announced concerning whether certain WhiteWave Foods officers and directors possibly breached their fiduciary duties in connection with certain statements.

Investors who are current long-term stockholders of shares of WhiteWave Foods Co (NYSE:WWAV) 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 concerns whether certain WhiteWave Foods officers and directors breached their fiduciary duties in connection with their conduct in seeking shareholders’ approval for the conversion of Class B common stock to Class A common stock.

In the Proxy Statement filed by WhiteWave Foods Co with the Securities and Exchange Commission the Board of Directors recommends that WhiteWave’s shareholders vote to approve a proposal to convert all issued and outstanding shares of Class B common stock into shares of Class A common stock.

According to the investigation the issuance of the additional shares could have a severe dilutive effect on the shares of WhiteWave Foods Co.

WhiteWave Foods Co (NYSE:WWAV) reported that its annual Total Revenue rose from over $1.53 billion in 2009 to over $2.28 billion in 2012 and that its Net Income increased from $52.17 million to $113.69 million in 2012.

On Sept. 17, 2013, shares of WhiteWave Foods Co (NYSE:WWAV) closed at $19.88 per share.

Those who purchased shares of WhiteWave Foods Co (NYSE:WWAV) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Jacob Rosenfeld
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com