Company: Freshpet, Inc.
Kaskela Law LLC is investigating Freshpet, Inc. (Nasdaq: FRPT) (“Freshpet” or the “Company”) on behalf of the Company’s current stockholders.
In 2017, a shareholder class action complaint was filed in federal court on behalf of certain purchasers of Freshpet’s common stock. Among other things, the shareholder complaint alleged that Freshpet and certain of the Company’s senior executive officers violated the federal securities laws by making a series of materially false and misleading statements to investors regarding: (i) the Company’s ability to expand in retail locations; (ii) difficulties producing Freshpet’s baked product line; and (iii) production problems with Freshpet’s shredded product line. In January 2018, the federal court presiding over the litigation denied defendants’ motion to dismiss the class action complaint, paving the way for litigation to proceed against Freshpet and certain senior executive officer defendants.
Kaskela Law LLC is investigating whether the members of Freshpet’s Board of Directors failed to properly fulfill their fiduciary duties to the Company and its stockholders in connection with the above.
Current Freshpet stockholders who would like more information about their rights and potential remedies are encouraged to contact Kaskela Law LLC at (888) 715 – 1740, via email at firstname.lastname@example.org, or by completing the information form on this page.