NEW YORK, October 21, 2022 (GLOBE NEWSWIRE) – Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating potential fiduciary duty violations on behalf of shareholders of Freshpet, Inc. (“Freshpet” or the “Company”). FRPT.
If you currently own Freshpet common stock and would like to discuss our investigation, please contact us via email [email protected] or by calling 1-800-290-1952.
On October 16, 2022, the New York Post published an article entitled “Freshpet investors howl while top executives work quietly for rival pet food sellers.” The article said in part:
“Investors in Freshpet — an upscale pet food maker whose shares have skyrocketed during the pandemic but have fallen this year — hiss and howl after learning that some of the company’s top executives and directors have been quietly working at a startup , which also sells expensive pet foods, The Post has learned. Scott Morris, President and Operations Manager of Freshpet, who co-founded the Secaucus, NJ-based manufacturer in 2006 and is now its second-largest executive, also states on his LinkedIn page that he launched a website in 2019 called Hive Brands, which sells sustainable consumer goods… The conflict came to light when Freshpet’s stock fell to $39 a share last month – taking its market value from a high of $8 $2.1 billion traded above $184 in April 2021.”
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Read full story here https://www.benzinga.com/pressreleases/22/10/g29365460/investor-alert-kaplan-fox-investigates-potential-breaches-of-fiduciary-duty-at-freshpet-inc-frpt