{"success":true,"data":{"pressRelease":{"id":"133317","rtpr_id":"nGNX8bzNlM","ticker":"SMPL","exchange":"NASDAQ","all_tickers":["SMPL"],"title":"Simply Good Foods Company Securities Fraud Class Action Result of Undisclosed Acquisition Failures and Over 27% Stock Decline - Investors may Contact Lewis Kahn, Esq., at Kahn Swick & Foti, LLC","author":"Globe Newswire","published_at":"2026-09-02T02:12:25.094Z","article_body":"NEW YORK CITY and NEW ORLEANS, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Kahn Swick &\nFoti (https://ksfcounsel.com/), LLC (“KSF”) and KSF partner, former\nAttorney General of Louisiana, Charles C. Foti, Jr., remind investors with\nsubstantial losses that they have until October 13, 2026 to file lead\nplaintiff applications in a securities class action lawsuit against Simply\nGood Foods Company (https://www.ksfcounsel.com/cases/nasdaqcm-smpl/?prs=globe)\n(“Simply Good” or the “Company”) (NasdaqCM: SMPL), if they purchased\nor otherwise acquired the Company’s shares between October 24, 2024 and\nApril 8, 2026, inclusive (the “Class Period”). This action is pending in\nthe United States District Court for the Southern District of New York.\n\nWhat You May Do\n\nIf you purchased shares of Simply Good as above and would like to discuss your\nlegal rights and how this case might affect you and your right to recover for\nyour economic loss, you may, without obligation or cost to you, contact KSF\nManaging Partner Lewis Kahn toll-free at 1-833-538-3616 or via email\n(lewis.kahn@ksfcounsel.com), or visit\nhttps://www.ksfcounsel.com/cases/nasdaqcm-smpl/ to learn more. If you wish to\nserve as a lead plaintiff in this class action, you must petition the Court by\nOctober 13, 2026.\n\n>>>CLICK HERE (https://www.ksfcounsel.com/cases/nasdaqcm-smpl/?prs=globe) for\nmore information\n\nAbout the Lawsuit\n\nSimply Good and certain of its executives are charged with failing to disclose\nmaterial information during the Class Period, violating federal securities\nlaws.\n\nOn October 23, 2025, the Company announced its Q4 and YE August 30, 2025\nfinancial results, disclosing that its OWYN (Only What You Need, Inc.)\nsegment, acquired in 2024 for $280 million, had suffered a slowdown in sales\ngrowth due to a previously undisclosed product quality issue, specifically,\nthat “a raw material sourcing decision for pea protein,” which predated\nthe close of the OWYN acquisition but was implemented shortly thereafter, had\n“resulted in taste and texture issues” as the products aged, leading to\nnegative product ratings and reviews and depressed sales for OWYN. The Company\nalso disclosed disappointing 2026 net sales guidance in the range of negative\n2% to positive 2%, a decline in the rate of growth of at least 75% from the 9%\nnet sales growth it had reported for fiscal 2025. On this news, the price of\nSimply Good shares fell more than 17%.\n\nThen, on April 9, 2026, the Company announced its Q2 2026 earnings results,\ndisclosing that OWYN’s quarterly sales had contracted by nearly 17%\nyear-over-year, as well as a $187 million impairment charge against its OWYN\nbrand intangible assets and reduction of 2026 net sales outlook to a range of\nnegative 7% to negative 10%. On this news, the price of Simply Good shares\nfell more than 27% over a two-day trading period.\n\nThe case is Monroe County Employees’ Retirement System v. The Simply Good\nFoods Company, No. 26-cv-06971.\n\n>>>To Learn More, Click HERE\n(https://www.ksfcounsel.com/cases/nasdaqcm-smpl/?prs=globe)\n\nAbout Kahn Swick & Foti (https://www.youtube.com/watch?v=ERl52xsyj0s), LLC\n\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti,\nJr., is one of the nation's premier boutique securities litigation law firms.\nThis past year, KSF was ranked by SCAS among the top 10 firms nationally based\nupon total settlement value. KSF serves a variety of clients, including public\nand private institutional investors, and retail investors - in seeking\nrecoveries for investment losses emanating from corporate fraud or malfeasance\nby publicly traded companies. KSF has offices in New York, Delaware,\nCalifornia, Louisiana, Chicago, and a representative office in Luxembourg.\n\nTOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services\n\nTo learn more about KSF, you may visit www.ksfcounsel.com.\n\n>>>For More Information about the case, Click HERE\n(https://www.ksfcounsel.com/cases/nasdaqcm-smpl/?prs=globe)\n\nContact:\n\nKahn Swick & Foti, LLC\nLewis Kahn, Managing Partner\nlewis.kahn@ksfcounsel.com\n1-833-538-3616\n1100 Poydras St., Suite 960\nNew Orleans, LA 70163\n\nCONNECT WITH US: Facebook\n(https://www.facebook.com/profile.php?id=61575733915628) || Instagram\n(https://www.instagram.com/kahn_swick_and_foti/) || YouTube\n(https://www.youtube.com/@kahnswickandfoti) || TikTok\n(https://www.tiktok.com/@kahn.swick.foti) || LinkedIn\n(https://www.linkedin.com/company/ksfcounsel)\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/b66e75b8-42a3-4666-b8fa-64a468417619)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX8bzNlM","title":"Simply Good Foods Company Securities Fraud Class Action Result of Undisclosed Acquisition Failures and Over 27% Stock Decline - Investors may Contact Lewis Kahn, Esq., at Kahn Swick & Foti, LLC","author":"Globe Newswire","ticker":"SMPL","created":"2026-09-02T02:12:25.094Z","tickers":["SMPL"],"exchange":"NASDAQ","article_body":"NEW YORK CITY and NEW ORLEANS, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Kahn Swick &\nFoti (https://ksfcounsel.com/), LLC (“KSF”) and KSF partner, former\nAttorney General of Louisiana, Charles C. Foti, Jr., remind investors with\nsubstantial losses that they have until October 13, 2026 to file lead\nplaintiff applications in a securities class action lawsuit against Simply\nGood Foods Company (https://www.ksfcounsel.com/cases/nasdaqcm-smpl/?prs=globe)\n(“Simply Good” or the “Company”) (NasdaqCM: SMPL), if they purchased\nor otherwise acquired the Company’s shares between October 24, 2024 and\nApril 8, 2026, inclusive (the “Class Period”). This action is pending in\nthe United States District Court for the Southern District of New York.\n\nWhat You May Do\n\nIf you purchased shares of Simply Good as above and would like to discuss your\nlegal rights and how this case might affect you and your right to recover for\nyour economic loss, you may, without obligation or cost to you, contact KSF\nManaging Partner Lewis Kahn toll-free at 1-833-538-3616 or via email\n(lewis.kahn@ksfcounsel.com), or visit\nhttps://www.ksfcounsel.com/cases/nasdaqcm-smpl/ to learn more. If you wish to\nserve as a lead plaintiff in this class action, you must petition the Court by\nOctober 13, 2026.\n\n>>>CLICK HERE (https://www.ksfcounsel.com/cases/nasdaqcm-smpl/?prs=globe) for\nmore information\n\nAbout the Lawsuit\n\nSimply Good and certain of its executives are charged with failing to disclose\nmaterial information during the Class Period, violating federal securities\nlaws.\n\nOn October 23, 2025, the Company announced its Q4 and YE August 30, 2025\nfinancial results, disclosing that its OWYN (Only What You Need, Inc.)\nsegment, acquired in 2024 for $280 million, had suffered a slowdown in sales\ngrowth due to a previously undisclosed product quality issue, specifically,\nthat “a raw material sourcing decision for pea protein,” which predated\nthe close of the OWYN acquisition but was implemented shortly thereafter, had\n“resulted in taste and texture issues” as the products aged, leading to\nnegative product ratings and reviews and depressed sales for OWYN. The Company\nalso disclosed disappointing 2026 net sales guidance in the range of negative\n2% to positive 2%, a decline in the rate of growth of at least 75% from the 9%\nnet sales growth it had reported for fiscal 2025. On this news, the price of\nSimply Good shares fell more than 17%.\n\nThen, on April 9, 2026, the Company announced its Q2 2026 earnings results,\ndisclosing that OWYN’s quarterly sales had contracted by nearly 17%\nyear-over-year, as well as a $187 million impairment charge against its OWYN\nbrand intangible assets and reduction of 2026 net sales outlook to a range of\nnegative 7% to negative 10%. On this news, the price of Simply Good shares\nfell more than 27% over a two-day trading period.\n\nThe case is Monroe County Employees’ Retirement System v. The Simply Good\nFoods Company, No. 26-cv-06971.\n\n>>>To Learn More, Click HERE\n(https://www.ksfcounsel.com/cases/nasdaqcm-smpl/?prs=globe)\n\nAbout Kahn Swick & Foti (https://www.youtube.com/watch?v=ERl52xsyj0s), LLC\n\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti,\nJr., is one of the nation's premier boutique securities litigation law firms.\nThis past year, KSF was ranked by SCAS among the top 10 firms nationally based\nupon total settlement value. KSF serves a variety of clients, including public\nand private institutional investors, and retail investors - in seeking\nrecoveries for investment losses emanating from corporate fraud or malfeasance\nby publicly traded companies. KSF has offices in New York, Delaware,\nCalifornia, Louisiana, Chicago, and a representative office in Luxembourg.\n\nTOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services\n\nTo learn more about KSF, you may visit www.ksfcounsel.com.\n\n>>>For More Information about the case, Click HERE\n(https://www.ksfcounsel.com/cases/nasdaqcm-smpl/?prs=globe)\n\nContact:\n\nKahn Swick & Foti, LLC\nLewis Kahn, Managing Partner\nlewis.kahn@ksfcounsel.com\n1-833-538-3616\n1100 Poydras St., Suite 960\nNew Orleans, LA 70163\n\nCONNECT WITH US: Facebook\n(https://www.facebook.com/profile.php?id=61575733915628) || Instagram\n(https://www.instagram.com/kahn_swick_and_foti/) || YouTube\n(https://www.youtube.com/@kahnswickandfoti) || TikTok\n(https://www.tiktok.com/@kahn.swick.foti) || LinkedIn\n(https://www.linkedin.com/company/ksfcounsel)\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/b66e75b8-42a3-4666-b8fa-64a468417619)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-02T02:12:25.136855871Z","server_sent_at_ms":1788315145136},"received_at":"2026-09-02T02:12:25.224Z","source_url":null},"analysis":{"id":"122210","press_release_id":"133317","analysis_json":{"industry":{"label":"Food Products","sector":"Consumer Staples"},"redFlags":[],"eventType":"legal_litigation","narrative":"Kahn Swick & Foti reminds investors of the October 13, 2026 lead plaintiff deadline for a securities class action against Simply Good Foods. The complaint alleges the company failed to disclose material information regarding its OWYN segment, including product quality issues and sales slowdowns.\n\nThe solicitation highlights that stock price declined 17% on October 23, 2025, and 27% on April 9, 2026, following disclosures of guidance cuts and an $187 million impairment charge. Investors who purchased shares between October 24, 2024, and April 8, 2026, are encouraged to contact the firm.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":null,"quotedText":"resulted in taste and texture issues","namedEntities":{"people":[{"name":"Charles C. Foti, Jr.","role":"Partner, former Attorney General of Louisiana"},{"name":"Lewis Kahn","role":"Managing Partner"}],"products":["OWYN"],"companies":[{"name":"Kahn Swick & Foti, LLC","relationship":"plaintiff law firm"},{"name":"Simply Good Foods Company","ticker":"SMPL","relationship":"defendant"},{"name":"Only What You Need, Inc.","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$280 million","context":"acquisition cost of OWYN segment in 2024"},{"amount":"$187 million","context":"impairment charge against OWYN brand intangible assets"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm shareholder solicitation issued by Kahn Swick & Foti. No new disclosure from the issuer; no certified class, no settlement. Boilerplate lead-plaintiff-deadline reminder."},"tickerRelevance":{"others":[],"primary":"SMPL"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Kahn Swick & Foti reminds investors of the October 13, 2026 lead plaintiff deadline for a securities class action against Simply Good Foods. The complaint alleges the company failed to disclose material information regarding its OWYN segment, including product quality issues and sales slowdowns.\n\nThe solicitation highlights that stock price declined 17% on October 23, 2025, and 27% on April 9, 2026, following disclosures of guidance cuts and an $187 million impairment charge. Investors who purchased shares between October 24, 2024, and April 8, 2026, are encouraged to contact the firm.","key_figures":null,"named_entities":{"people":[{"name":"Charles C. Foti, Jr.","role":"Partner, former Attorney General of Louisiana"},{"name":"Lewis Kahn","role":"Managing Partner"}],"products":["OWYN"],"companies":[{"name":"Kahn Swick & Foti, LLC","relationship":"plaintiff law firm"},{"name":"Simply Good Foods Company","ticker":"SMPL","relationship":"defendant"},{"name":"Only What You Need, Inc.","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$280 million","context":"acquisition cost of OWYN segment in 2024"},{"amount":"$187 million","context":"impairment charge against OWYN brand intangible assets"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-02T02:13:47.917Z","global_importance":15,"audience_relevance":15,"importance_components":{"tickerTier":"small-mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":82677,"modelName":"glm-4.7"}}