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Papa Murphys Holdings, Inc.

Case Summary

Papa Murphys Holdings, Inc. Securities Litigation

Case Summary

Case Status:    DISMISSED    
On or around 07/18/2019 (Other)

Filing Date: April 30, 2019

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.

This case was voluntarily dismissed on July 17, 2019.

Company & Securities Information

Defendant: Papa Murphys Holdings, Inc.

COMPANY INFORMATION:

Sector: Services
Industry: Restaurants
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: FRSH
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.

First Identified Complaint

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

COURT: D. Delaware
DOCKET #: 19-CV-00791
JUDGE: Hon. Maryellen Noreika
DATE FILED: 04/30/2019
CLASS PERIOD START: 04/11/2019
CLASS PERIOD END: 04/30/2019
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Rigrodsky & Long, P.A.
    919 N. Market Street, Suite 980, Rigrodsky & Long, P.A., DE 19803
    302.295.5310 302.295.5310 · info@rigrodskylong.com
  2. RM Law, P.C.
    1055 Westlakes Drive, Suite 3112, RM Law, P.C., PA 19312
    (484) 324-6800 ·
First Identified Complaint (FIC) Filings:
No Document Title Filing Date
1 Complaint for Violation of the Securities Exchange Act of 1934 04/30/2019
2 U.S. District Court Civil Docket 04/30/2019

Reference Complaint

—Reference Complaint Complaint Related Data is not available

Related District Court Filings

—Related District Court Filings Data is not available
 
 

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