Glancy Prongay & Murray LLP announces that it has filed a class action lawsuit in the United States District Court for the District of Colorado on behalf of a class (the “Class”) of purchasers of the securities of Boulder Brands, Inc. (“Boulder” or the “Company”) (Nasdaq: BDBD) between December 23, 2013 and October 22, 2014, inclusive (the “Class Period”). Shareholders have until May 31, 2015 to file a motion to be appointed as lead plaintiff in the shareholder lawsuit.

Boulder is a natural consumer packaged food company. The Company’s health and wellness platform consists of brands that target specific health trends: the Glutino and Udi’s Gluten Free brands for gluten free diets; the Earth Balance brand for plant-based diets; the Level Life brand for diabetic diets; EVOL branded foods for consumers seeking convenient foods made with pure and simple ingredients; and the Smart Balance brand for heart healthier diets.

The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements, by failing to disclose: (1) that the Company was experiencing integration issues related to the acquisition of EVOL and Udi brands; (2) that the Company’s Smart Balance product segment was under-performing; (3) that, as a result of this and other issues, the Company’s gross margins would be lower than expected; and (4) that, as a result of the foregoing, Defendants’ statements about the Company’s business, operations, and prospects were false and misleading and/or lacked a reasonable basis. After disclosing the issues with its gross margins, internal operational issues, a material impairment charge and a shift in product mix, the Company’s shares declined sharply.

If you are a member of the Class described above, you may move the Court no later than May 31, 2015, to serve as lead plaintiff, if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of Glancy Prongay & Murray LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, at 310-201-9150, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

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