NEW YORK, October 21, 2022 (GLOBE NEWSWIRE) – Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating possible breaches of fiduciary duties 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 jcampisi@kaplanfox.com 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 chief operating officer 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 $1 billion down to $2.1 billion in April 2021 traded above $184.”
This press release may be considered an attorney’s advertisement in some jurisdictions under applicable laws and ethics rules.
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