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Vita Coco faces investigation for securities law violations linked to a $90M revenue shortfall.
Vita Coco Company is under investigation for potential securities law violations after a report highlighted issues like losing a key Costco contract, causing a $90 million revenue shortfall.
Investors who suffered losses may be able to seek recovery.
Despite the report, Vita Coco denies the allegations, affirming its financial outlook.
Shares fell over 11%, showing market concern.
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Vita Coco se enfrenta a una investigación por violaciones de la ley de valores vinculadas a un déficit de ingresos de 90 millones de dólares.