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Deadline Alert: Simply Good Foods Company (SMPL) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
GlobeNewswire Inc.·
Simply Good Foods Company (SMPL) faces a class action securities fraud lawsuit alleging the company made false statements about its OWYN acquisition between October 2024 and April 2026. The lawsuit claims management failed to disclose product quality issues from a new pea protein supplier, loss of key personnel, excessive promotional activities, and severe integration problems that caused OWYN sales to contract 17% year-over-year. The stock declined significantly following earnings announcements in October 2025 and April 2026, with a $187 million impairment charge taken against OWYN assets.
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