Defendants: Investors Fail To Show That Statements Were False, Misleading

(May 12, 2017, 1:09 PM EDT) -- BURLINGTON, Vt. — Lead plaintiffs in a securities class action lawsuit against specialty coffee and coffee-related products manufacturer Green Mountain Coffee Roasters Inc. (GMCR) have failed to plead any material misrepresentation, scienter or loss causation in alleging that GMCR and certain of its executive officers misrepresented the company’s business growth in violation of federal securities laws, the defendants argue in a May 1 motion for partial judgment on the pleadings (Louisiana Municipal Police Employees’ Retirement System, et al. v. Green Mountain Coffee Roasters Inc., et al., No. 11-0289, D. Vt.)....