Papa Murphys Holdings, Inc. Securities Litigation

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Lawsuit Overview

Defendant:Papa Murphy's Holdings, Inc.
Date Filed:April 30th, 2019
Sector:Consumer Services
Industry:Restaurants

According to the Complaint, Papa Murphy's is a franchisor and operator of the largest "Take 'n' Bake" pizza brand in the United States, selling hand-crafted, fresh pizzas for customers to bake at home.

This action stems from a proposed transaction announced on April 11, 2019, pursuant to which Papa Murphy's Holdings, Inc. will be acquired by affiliates of MTY Food Group Inc.

On April 25, 2019, Defendants filed a Solicitation/Recommendation Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges that the Solicitation Statement omits material information with respect to the Proposed Transaction, which renders the Solicitation Statement false and misleading.

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First Identified Complaint

Richard Scarantino, et al. v. Papa Murphys Holdings, Inc., et al.

Date Filed:April 30th, 2019
Class Period Start:April 11th, 2019
Class Period End:April 30th, 2019
First Identified Complaint Filings
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