Johnson Fistel Launches Investigation into The Vita Coco Company Following Short Report Claims
1. Johnson Fistel is investigating potential securities law violations by COCO. 2. Costco, COCO’s major customer, may terminate their contract, causing $90 million loss. 3. Internal deficiencies include undisclosed related-party transactions and supply chain issues. 4. The report suggests insiders may be misleading markets and selling shares. 5. Investors can join the investigation if they suffered losses from COCO securities.