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Vitacost controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2010

    NASDAQ trading suspension and financial-reporting concerns

    NASDAQ suspended Vitacost's shares after concerns that the company's financial figures did not add up. Trading was later reinstated, but the share price suffered a major decline and investors incurred substantial losses.

  2. 2003

    Securities-fraud judgment involving founder Wayne Gorsek

    A federal court found Wayne Gorsek and Lyndell F. Parks liable for violating antifraud provisions of United States securities laws and imposed injunctions and additional sanctions involving the defendants.