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.
Headquarters: United States
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.