Law Firm Investigates Caribou Sale

Dec. 18, 2012

Tripp Levy PLLC, a national securities law firm, announces an investigation regarding the acquisition of Caribou Coffee Co., Inc. by holding company Joh. A. Benckiser Group (JAB).

The investigation concerns whether the boards of directors of CBOU engaged in self-dealing and have failed to act in the best interests of their respective shareholders in breach of their fiduciary duties. Indeed, at least eight independent wall street analysts have a consensus of the true takeover value of the company of at least $20 per share, and it is believed that senior management and certain directors will be joining JAB in obtaining an equity interest in the company.