June 19, 2015 (Shareholders Foundation) - An investigation on behalf of investors of Zoes Kitchen Inc (NYSE:ZOES) shares over potential securities laws violations by Zoes Kitchen 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 Zoes Kitchen Inc (NYSE:ZOES) concerning whether a series of statements by Zoes Kitchen regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Zoe's Kitchen Inc reported that its Total Revenue rose from $50.18 million for the 52 weeks period that ended on December 26, 2011 to $171.73 million for the 52 weeks period that ended on December 29, 2014 while its Net Loss for those respective time frames increased from $0.03 million to $10.02 million.

Shares of Zoe's Kitchen Inc (NYSE:ZOES) grew from $25.99 per share in May 2014 to as high as $41.41 per share on June 17, 2015.

On June 18, 2015, Zoe's Kitchen Inc announced the resignation of Jason Morgan, Chief Financial Officer and Senior Vice President, effective June 18, 2015.

Shares of Zoe's Kitchen Inc (NYSE:ZOES) closed on June 19, 2015, at $39.86 per share