January 11, 2022
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.
April 23, 2021
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.
January 27, 2021
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.
June 10, 2020
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.
May 21, 2020
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.
June 07, 2019
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.