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Judge OKs settlement of suit against Vitacost.com

Bloomberg, May 31, 2011

Vitacost.com, an online vitamin and health supplement retailer, said on Tuesday that a Florida judge has approved the settlement of a shareholder lawsuit alleging top company officials made false and misleading statements in connection with an initial public offering in 2009.

A judge for the state's 15th circuit in West Palm Beach approved the settlement after granting preliminary clearance in April.

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