The Law Offices of Frank R. Cruz announces an investigation of The Vita Coco Company, Inc. (“Vita Coco” or the “Company”) (NASDAQ: COCO) on behalf of investors concerning the Company’s possible violations of federal securities laws.

What Is The Investigation About?
On March 26, 2025, NINGI Research published a report alleging that Vita Coco is “suffering from structural internal deficiencies, such as undisclosed related-party transactions and supply chain mismanagement.”  The report alleges “Vita Coco misled investors about its 2018 acquisition of energy drink ‘Runa’” by failing to disclose a “related-party transaction.” The report further alleges the Company’s largest private label customer, Costco, “is moving to source Kirkland Coconut Water from a Vita Coco competitor” and “will ultimately terminate its contract with the company” “after Vita Coco failed to deliver reliably last year.” The report concludes this “will result in an estimated $90 million revenue shortfall for Vita Coco by the end of 2025.”

On this news, Vita Coco’s stock price fell as much as 13% during intraday trading on March 26, 2025, thereby injuring investors.