The
single human weight
loss trial of raspberry ketones often cited
by supplement
companies is confounded
by the inclusion of several other ingredients including caffeine, synephrine, and capsaicin.
Specifically, the complaint alleges that defendants misrepresented or failed to disclose: (1) Barnes & Noble's Nook e-book reader sales had dramatically declined; (2) the
Company would shutter its Nook manufacturing operations altogether; (3) the carrying value of the Nook assets were impaired
by millions of dollars; (4) the carrying value of the Nook inventory was overstated
by $ 133 million; (5) the
Company was expecting fiscal 2014 retail
losses in the high
single digits; (6) Barnes & Noble had over-accrued certain accounts receivables; (7) Barnes & Noble was unable to provide timely audited financial results for fiscal 2013; and (8) the
Company might be forced to restate its previously reported financial results.