ClaimsFiler sets Oct. 13 deadline in Simply Good Foods shareholder case
ClaimsFiler says investors who bought Simply Good Foods shares between Oct. 24, 2024 and Apr. 8, 2026 have until Oct. 13, 2026, to seek lead-plaintiff status in a federal securities case.
ClaimsFiler says investors who bought shares of The Simply Good Foods Company between Oct. 24, 2024 and Apr. 8, 2026 have until Oct. 13, 2026, to seek lead-plaintiff status in a securities class action pending in the Southern District of New York.
The shareholder alert says the case concerns claims that the company and certain executives failed to disclose material information during the class period, in violation of federal securities laws. It identifies the lawsuit as Monroe County Employees' Retirement System v. The Simply Good Foods Company, No. 26-cv-06971.
ClaimsFiler identified Simply Good Foods as trading on NasdaqCM under the ticker SMPL and said the deadline for applications is Oct. 13, 2026.
The alert points to two earlier company disclosures. On Oct. 23, 2025, Simply Good reported fiscal 2025 fourth-quarter and full-year results for the period ended Aug. 30, 2025. According to the notice, the company said its OWYN segment had slower sales growth tied to a previously undisclosed product quality issue involving a raw material sourcing decision for pea protein. The alert says that issue led to taste and texture problems, negative reviews and weaker sales. It also says management cut 2026 net sales guidance to negative 2% to positive 2%, and that the share price fell more than 17% after the disclosure.
The notice also cites an April 9, 2026, earnings release. ClaimsFiler says Simply Good reported second-quarter 2026 results, said OWYN quarterly sales fell nearly 17% from a year earlier, recorded a $187 million impairment charge against OWYN brand intangible assets and lowered its 2026 net sales outlook to negative 7% to negative 10%. The alert says the stock fell more than 27% over two trading days after that report.
ClaimsFiler said investors can visit its website or call its toll-free number for information. The notice also says Kahn Swick & Foti, LLC lawyers are available to discuss legal options.
The case remains pending in federal court in New York, and lead-plaintiff motions are due by Oct. 13.
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