An investigation on behalf of current long term investors in Freshpet Inc (NASDAQ:FRPT) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 06/04/2018 -- An investigation was announced over potential breaches of fiduciary duties by certain directors and officers of Freshpet Inc.
Investors who are current long term investors in Freshpet Inc (NASDAQ:FRPT) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ:FRPT stocks follows a lawsuit filed against Freshpet Inc over alleged securities laws violations. The investigation on behalf of investors in NASDAQ:FRPT stocks, concerns whether certain Freshpet In directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that one of the Company's material customers, Target Corp., was undergoing a corporate reorganization and, accordingly, was delaying the installation of a significant number of Freshpet Fridges, that two of the Company's supermarket customers were experiencing financial hardships such that it was likely that any Freshpet Fridges located in their respective stores would soon have to be removed, and that due to the foregoing, the Company was not growing its overall number of installed Freshpet Fridges at the levels communicated to investors and was tracking well below internal forecasts for such placements.
Those who purchased shares of Freshpet Inc (NASDAQ:FRPT) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
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