TAKE A LOOK AT WHICH REPORT YOUR PORTFOLIO'S BEEN MISSING...

Shareholders Foundation offers real-time reporting of class action exposure on a per transaction basis,
including the documents you will need for claim filing and settlement recovery.
Start Monitoring Your Investments

Papa Murphy’s Holdings, Inc. (NASDAQ: FRSH) Investor Lawsuit Filed Against Acquisition

  • Investors who purchased shares of Papa Murphy’s Holdings, Inc. (NASDAQ: FRSH) may have certain options. Please contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

Company
Papa Murphy’s Holdings, Inc.
Security
NASDAQ: FRSH

Case Name
Papa Murphy’s Deal Case
Type of Lawsuit
Mergers and Acquisition
Court of Filing
U.S. District Court for the Western District of Washington

Class Period Begin
Class Period End
You must register or login to receive notifications.

Click here to subscribe to Papa Murphy’s Holdings, Inc..
Summary

April 22, 2021 - The court denied the defendants' motion to dismiss.

August 24, 2020 - A motion to dismiss the second amended complaint was filed.

July 10, 2020 - A second amended complaint was filed.

June 10, 2020 - The court granted the defendants' motion to dismiss. The plaintiffs were given leave to amend the complaint.

January 7, 2020 - A motion to dismiss the amended complaint was filed.

November 8, 2019 - An amended complaint was filed.

April 30, 2019 - An investor, who currently holds shares of Papa Murphy’s Holdings, Inc. (NASDAQ: FRSH), filed a lawsuit against the takeover of Papa Murphy’s Holdings, Inc. The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ: FRSH stockholders by agreeing to sell Papa Murphy’s Holdings, Inc. cheaply via an unfair process.

Vancouver, WA based Papa Murphy's Holdings, Inc., together with its subsidiaries, owns, operates, and franchises Take N' Bake pizza stores.

On April 11, 2019, MTY Food Group Inc. (TSX:MTY) and Papa Murphy’s Holdings, Inc. (NASDAQ: FRSH) announced they have entered into a merger agreement under which MTY Food Group Inc would acquire all of the issued and outstanding shares of common stock of Papa Murphy’s for cash consideration of US$6.45 per share. However, plaintiff claims that the proposed consideration NASDAQ: FRSH shareholders will receive is grossly inadequate and undervalues Papa Murphy’s Holdings, Inc. Indeed, at least one analyst has set the high target price for NASDAQ: FRSH shares at $7.00 per share. In addition, the plaintiff alleges that the process is also unfair NASDAQ: FRSH stockholders.