Harwood Feffer LLP Announces Investigation of Inventure Foods, Inc.

NEW YORK, May 11, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Inventure Foods, Inc. ("Inventure" or the "Company") (NASDAQ: SNAK), concerning whether the board has breached its fiduciary duties to shareholders.

On September 17, 2014, Inventure conducted a stock offering.  That day, Inventure shares closed at $13.15 per share. 

On April 23, 2015, the Company disclosed that it would recall products manufactured at its facility in Jefferson, Georgia due to listeria contamination.  Since that time, online reports have alleged that the U.S. Department of Agriculture Food Safety found unsafe conditions at the Jefferson facility in late 2014.

Inventure stock is currently trading below $7.35 per share. 

Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.

If you own Inventure shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com  
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm. 

Attorney Advertising. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Logo - http://photos.prnewswire.com/prnh/20120215/MM54604LOGO

 

SOURCE Harwood Feffer LLP