Brown v. Papa Murphy's Holdings Incorporated et al

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Case overview

Case Number:

3:19-cv-05514

Court:

Washington Western

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Benjamin H. Settle

Firms

Companies

Sectors & Industries:

  1. January 11, 2022

    Papa Murphy's Gets 1st OK For $2.4M Investor Settlement

    A Washington federal judge has granted preliminary approval to a $2.4 million settlement between Papa Murphy's Holdings Inc. and shareholders, resolving claims that the take-and-bake pizza chain operator lowballed revenue figures ahead of a $190 million merger.

  2. April 23, 2021

    $190M Merger Suit Survives Despite Papa Murphy's Challenge

    A revised securities suit in Washington state claiming Papa Murphy's lowballed revenue figures ahead of a $190 million merger won't be tossed after a federal judge ruled that a magistrate judge's report and recommendation included a thorough analysis.

  3. January 27, 2021

    Papa Murphy's Slams Recommendation To Save Merger Suit

    Papa Murphy's has urged a Washington federal court to reject a magistrate judge's recommendation not to toss a revised securities suit claiming the pizza chain operator lowballed revenue figures ahead of a $190 million merger, saying he erroneously concluded that the company's financial adviser made false projections.

  4. June 10, 2020

    Papa Murphy's Investors' Merger Suit Dismissed, For Now

    A Washington federal judge on Wednesday affirmed a magistrate judge's dismissal recommendation for a lawsuit alleging take and bake pizza chain operator Papa Murphy's lowballed its revenues in advance of a $190 million merger.

  5. May 21, 2020

    Judge Urges End To Suit Over Papa Murphy's $190M Merger

    A Washington federal magistrate judge recommended pizza chain operator Papa Murphy's and its financial adviser be dismissed from a putative securities class action accusing the pick-up and delivery company of downplaying its finances ahead of a $190 million merger that allegedly gave investors too small of a slice.

  6. June 07, 2019

    Investors Say $190M Pizza Deal Gave Them Too Small A Slice

    Pizza chain operator Papa Murphy was hit with a putative class action in Washington federal court on Friday by investors alleging the company misrepresented its financial projections ahead of a $190 million merger, shorting them on their slice of the deal.

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