May 19, 2015 (Shareholders Foundation) - An investigation on behalf of investors of Inventure Foods Inc (NASDAQ:SNAK) shares over potential securities laws violations by Inventure Foods and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Inventure Foods Inc (NASDAQ:SNAK) concerning whether a series of statements by Inventure Foods Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Inventure Foods Inc reported that its annual Total Revenue rose from $215.58 million in 2013 to $285.66 million in 2014 and that its respective Net Income increased from $6.62 million to $10.56 million. Shares of Inventure Foods Inc (NASDAQ:SNAK) grew from $6.31 per share in late 2012 to as high as $14.16 per sahare in March 2014, respectively $13.84 per share in December 2014.

On January 18, 2015, Inventure Foods Inc has issued a precautionary recall of its RADER FARMS Fresh Start Smoothie Blend, Fresh Start Sunrise Refresh Fusion, and Fresh Start Daily Power Fusion because of a potential to be contaminated with Listeria monocytogenes, an organism which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems.

On April 23, 2015, Inventure Foods Inc has issued a voluntary recall of certain varieties of its Fresh Frozen line of frozen vegetables, as well as select varieties of its Jamba 'At Home' line of smoothie kits, due to the finding of Listeria monocytogenes, in its Jefferson, GAfacility.

Shares of Inventure Foods Inc (NASDAQ:SNAK) declined to as low as $8.64 per share on April 24, 2015.