August 22, 2016 - The case was remanded to the State Court.
April 08, 2016 (Shareholders Foundation) - An investor, who purchased shares of Inventure Foods Inc (NASDAQ:SNAK), filed a lawsuit over alleged violations of Federal Securities Laws by Inventure Foods Inc in connection with a stock offering.

The plaintiff alleges that Inventure Foods Inc raised more than $50 million in a stock offering but shares of Inventure Foods Inc declined 30% last year following a recall involving listeria-linked food processed months prior to the offering.

In September 2014 Inventure Foods Inc held a secondary offering and in the offering’s Registration Statement, public statements and other documents filed with the SEC in the months after the offering, Inventure Foods Inc has repeatedly stressed the quality of its products enhanced by its innovative manufacturing processes.

On January 18, 2015 Inventure Foods Inc had 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 from $13.84 per share in December 2014 to as low as $4.91 per share in Fberuary 2016.