NEW YORK, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating potential breaches of fiduciary duty claims on behalf of shareholders of Freshpet, Inc. (“Freshpet” or the “Company”) (NASDAQ: FRPT).
If you currently own Freshpet common stock and would like to discuss our investigation, please contact us by emailing jcampisi@kaplanfox.com or by calling 1-800-290-1952.
On October 16, 2022, the New York Post published an article titled “Freshpet investors howl as top executives quietly work for rival pet-food seller.” The article stated in part the following:
“Investors in Freshpet — an upscale pet food maker whose stock soared during the pandemic but has tanked this year — are hissing and howling after learning that some of the company’s top executives and directors have quietly been moonlighting at a startup that also sells pricey pet food, The Post has learned. Freshpet’s president and operating chief Scott Morris, who co-founded the Secaucus, NJ-based manufacturer in 2006 and is now its No. 2 executive — also indicates on his LinkedIn page that he launched a website in 2019 called Hive Brands that sells sustainable consumer goods. . . . The conflict has come to light as Freshpet’s stock dropped as low as $39 a share last month — shrinking its market value to $2.1 billion from a peak of $8 billion in April 2021, when the stock traded above $184.”
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If you have any questions about this investigation, your rights, or your interests, please contact:
Jeffrey P. Campisi
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(212) 687-1980
E-mail: jcampisi@kaplanfox.com
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
Fax: (415) 772-4707
E-mail: lking@kaplanfox.com
