Rosen Law Firm Urges The Simply Good Foods Company (NASDAQ: SMPL) Stockholders with Large Losses to Contact the Firm for Information About Their Rights

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of The Simply Good Foods Company (NASDAQ: SMPL) between October 24, 2024 and April 8, 2026, inclusive (the “Class Period”). Simply Good Foods sells consumer packaged foods and snacking products under its various brands.

For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653.

The Allegations: Rosen Law Firm is Investigating the Allegations that The Simply Good Foods Company (NASDAQ: SMPL) Misled Investors Regarding its Business Operations.

According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Simply Good Foods had lost key managerial personnel following the acquisition of Only What You Need, Inc. (“OWYN”) necessary for the successful integration of the acquired OWYN assets, impairing Simply Good Foods’ ability to achieve the acquisition’s purported strategic initiatives and financial and operational targets; (2) Simply Good Foods had materially increased its general and administrative spending to compensate for the loss of key managerial personnel, leading to an inefficient and bloated organizational structure and the lack of clear and cohesive strategic priorities for its OWYN segment; (3) the addition of a new pea protein supplier for OWYN formulations prior to the acquisition had created significant product quality issues which had negatively impacted the taste, texture, and shelf-life of OWYN products, leading to negative product reviews, depressed consumer sales, and the loss of important distributor relationships; (4) in an effort to boost sales in the short-term, Simply Good Foods had offered discounts and engaged in other promotional activities for OWYN products above its historical practices, eroding Simply Good Foods’ margins but failing to achieve the desired sales turnaround; (5) in order to stem the margin erosion being suffered in its OWYN segment, Simply Good Foods had cut brand support and marketing for OWYN, further depressing product sales; and (6) as a result of the above, the OWYN acquisition had largely failed to achieve its key strategic goals, the integration of OWYN had run into severe operational and execution problems, and the business and operational results for Simply Good Foods’ OWYN segment had been materially negatively impacted, undermining the acquisition’s economic rationale. When the true details entered the market, the lawsuit claims that investors suffered damages.

What Now: You may be eligible to participate in the class action against The Simply Good Foods Company. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by October 13, 2026. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Rosen Law Firm: Some law firms issuing releases about this matter do not actually litigate securities class actions. Rosen Law Firm does. Rosen Law Firm is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses, improving corporate governance structures, and holding company executives accountable for their wrongdoing. Since its inception, Rosen Law Firm has obtained over $2 billion for shareholders.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.