{"id":1000374,"date":"2026-09-03T12:22:36","date_gmt":"2026-09-03T16:22:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/smpl-shareholder-alert-october-13-2026-lead-plaintiff-deadline-in-the-simply-good-foods-company-securities-class-action-contact-suewallst\/"},"modified":"2026-09-03T12:22:36","modified_gmt":"2026-09-03T16:22:36","slug":"smpl-shareholder-alert-october-13-2026-lead-plaintiff-deadline-in-the-simply-good-foods-company-securities-class-action-contact-suewallst","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/smpl-shareholder-alert-october-13-2026-lead-plaintiff-deadline-in-the-simply-good-foods-company-securities-class-action-contact-suewallst\/","title":{"rendered":"SMPL Shareholder Alert: October 13, 2026 Lead Plaintiff Deadline in The Simply Good Foods Company Securities Class Action &#8211; Contact SueWallSt"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <i>A securities class action <span>alleges<\/span> Simply Good Foods switched OWYN to an inferior pea protein supplier, causing taste, texture, and shelf-life failures that were not disclosed to investors until OWYN sales contracted nearly 17% and the brand was written down by $187 million.<\/i>\n      <\/p>\n<p>\n        <span class=\"legendSpanClass\">NEW YORK<\/span>, <span class=\"legendSpanClass\">Sept. 3, 2026<\/span> \/PRNewswire\/ &#8212; SueWallSt notifies investors in The Simply Good Foods Company (NASDAQ: SMPL) that a class action has been filed on behalf of shareholders who purchased securities between October 24, 2024 and April 8, 2026. <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4766081-10&amp;h=4155150309&amp;u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fthe-simply-good-foods-company-class-action-lawsuit-smpl%3Fprid%3D201812%26wire%3D4&amp;a=Find+out+if+you+might+qualify+for+recovery\" target=\"_blank\" rel=\"nofollow\">Find out if you might qualify for recovery<\/a>. You may also contact Joseph E. Levi, Esq. at <a href=\"mailto:jlevi@SueWallSt.com\" target=\"_blank\" rel=\"nofollow\">jlevi@SueWallSt.com<\/a>\u00a0or (888) SueWallSt.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <img decoding=\"async\" src=\"https:\/\/mmx.prnewswire.com\/media\/MS1812443\/suewallst-logo-1-Logo.jpg?id=OA2926411\" title=\"SueWallSt.com\" alt=\"SueWallSt.com\" \/>\n        <\/p>\n<\/p><\/div>\n<p>SMPL shares fell from a closing price of $14.41 per share on April 8, 2026 to $10.44 per share on April 10, 2026, a decline of more than 27% or $3.97 per share over a two-day trading period. The Company recorded a $187 million impairment against OWYN brand intangibles in Q2 2026, part of a cumulative $200 million write-down on a brand purchased for $280 million. The lead plaintiff deadline is October 13, 2026.<\/p>\n<p>\n        <b>The <span>Alleged<\/span> Pea Protein Sourcing Decision<\/b>\n      <\/p>\n<p>The action contends that a decision to add a new pea protein supplier for OWYN formulations, made before the June 2024 acquisition closed and implemented shortly afterward, produced significant taste, texture, and shelf-life problems as product aged on shelves. As pleaded, those defects generated negative consumer ratings, depressed sales, and the loss of important distributor relationships, none of which was disclosed to investors until October 23, 2025.<\/p>\n<p>Plaintiffs <span>allege<\/span> that even after the sourcing issue was acknowledged, management characterized it as a limited, temporary matter affecting only a small portion of product, telling investors on October 23, 2025 that &#8220;the product issue is largely behind us.&#8221; The action contends this understated the scope of the damage to the brand.<\/p>\n<p>\n        <b><br \/>\n          <span>Alleged<\/span> Product Quality Impact by the Numbers<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>OWYN acquisition price: $280 million (June 2024)<\/li>\n<li>Original fiscal 2025 OWYN net sales guidance: $135 million to $145 million, a projected 20% to 30% increase<\/li>\n<li>OWYN quarterly sales in Q2 2026: contracted nearly 17% year over year<\/li>\n<li>Fiscal 2026 net sales outlook: cut to negative 7% to negative 10%<\/li>\n<li>Gross margins reported in the middle 30s against a target near 40%<\/li>\n<li>Cumulative OWYN impairment: $200 million, more than 70% of the purchase price<\/li>\n<\/ul>\n<p>\n        <i>&#8220;The complaint raises serious questions about whether investors received accurate information about product quality problems that were <span>allegedly<\/span> already affecting OWYN sales and distributor relationships. Sourcing decisions that change how a product tastes and how long it lasts are operational facts, not forward-looking predictions.&#8221;<\/i>\u00a0&#8212; Joseph E. Levi, Esq.<\/p>\n<p>\n        <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4766081-10&amp;h=874874051&amp;u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fthe-simply-good-foods-company-class-action-lawsuit-smpl%3Fprid%3D201812%26wire%3D4&amp;a=Submit+your+information+now\" target=\"_blank\" rel=\"nofollow\">Submit your information now<\/a>\u00a0or call \u260e(888) SueWallSt.<\/p>\n<p>\n        <b>WHY SUEWALLST:<\/b>\u00a0SueWallSt is powered by Levi &amp; Korsinsky LLP. Levi &amp; Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi &amp; Korsinsky has ranked in ISS Securities Class Action Services&#8217; Top 50 Report as one of the top securities litigation firms in the United States.<\/p>\n<p>\n        <b>Frequently Asked Questions About the SMPL Lawsuit<\/b>\n      <\/p>\n<p>\n        <b>Q: Who is eligible to join the SMPL investor lawsuit?<\/b>\u00a0A: Investors who purchased SMPL stock or securities between October 24, 2024 and April 8, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses &#8212; not on whether you still hold the shares.<\/p>\n<p>\n        <b>Q: What specific misstatements does the SMPL lawsuit <span>allege<\/span>?<\/b>\u00a0A: The complaint <span>alleges<\/span> The Simply Good Foods Company made materially false or misleading statements regarding the integration and product quality of the OWYN brand during the Class Period. When the Company disclosed a nearly 17% contraction in OWYN sales, a $187 million impairment charge, and a reduced fiscal 2026 outlook, the stock price declined sharply.<\/p>\n<p>\n        <b>Q: What court was the SMPL class action filed in?<\/b>\u00a0A: The case was filed in the United States District Court for the Southern District of New York, governed by the Private Securities Litigation Reform Act of 1995.<\/p>\n<p>\n        <b>Q: What do SMPL investors need to do right now?<\/b>\u00a0A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4766081-10&amp;h=8495260&amp;u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fthe-simply-good-foods-company-class-action-lawsuit-smpl%3Fprid%3D201812%26wire%3D4&amp;a=Submit+your+information+for+a+no-cost%2C+no-obligation+evaluation+of+your+potential+recovery\" target=\"_blank\" rel=\"nofollow\"><i>Submit your information for a no-cost, no-obligation evaluation of your potential recovery<\/i><\/a>. No immediate action is required to remain eligible as an absent class member.<\/p>\n<p>\n        <b>Q: What documents do I need to submit my information?<\/b>\u00a0A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.<\/p>\n<p>\n        <b>Q: What if I already sold my SMPL shares &#8212; can I still recover losses?<\/b>\u00a0A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate.<\/p>\n<p>\n        <b>Q: What does it cost me to participate?<\/b>\u00a0A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in the securities class action, they are generally handled on a contingency basis, with any attorneys&#8217; fees and expenses subject to court approval.<\/p>\n<p>\n        <b>Q: Do I need to go to court or give testimony?<\/b>\u00a0A: No. The overwhelming majority of class members never appear in court or give depositions. If there is a settlement or recovery, eligible class members generally submit a claim form to seek their portion.<\/p>\n<p>CONTACT:<br \/>Levi &amp; Korsinsky, LLP<br \/>Joseph E. Levi, Esq.<br \/>33 Whitehall Street, 27th Floor<br \/>New York, NY 10004<br \/><a href=\"mailto:jlevi@SueWallSt.com\" target=\"_blank\" rel=\"nofollow\">jlevi@SueWallSt.com<\/a><br \/>Tel: (888) SueWallSt<br \/>Fax: (212) 363-7171<\/p>\n<p>Attorney Advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=NY39431&amp;sd=2026-09-03\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/smpl-shareholder-alert-october-13-2026-lead-plaintiff-deadline-in-the-simply-good-foods-company-securities-class-action---contact-suewallst-302868729.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/smpl-shareholder-alert-october-13-2026-lead-plaintiff-deadline-in-the-simply-good-foods-company-securities-class-action&#8212;contact-suewallst-302868729.html<\/a><\/p>\n<p>SOURCE SueWallSt.com<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY39431&amp;Transmission_Id=202609031007PR_NEWS_USPR_____NY39431&amp;DateId=20260903\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire A securities class action alleges Simply Good Foods switched OWYN to an inferior pea protein supplier, causing taste, texture, and shelf-life failures that were not disclosed to investors until OWYN sales contracted nearly 17% and the brand was written down by $187 million. NEW YORK, Sept. 3, 2026 \/PRNewswire\/ &#8212; SueWallSt notifies investors in The Simply Good Foods Company (NASDAQ: SMPL) that a class action has been filed on behalf of shareholders who purchased securities between October 24, 2024 and April 8, 2026. Find out if you might qualify for recovery. You may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com\u00a0or (888) SueWallSt. SMPL shares fell from a closing price of $14.41 per share on April 8, 2026 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/smpl-shareholder-alert-october-13-2026-lead-plaintiff-deadline-in-the-simply-good-foods-company-securities-class-action-contact-suewallst\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SMPL Shareholder Alert: October 13, 2026 Lead Plaintiff Deadline in The Simply Good Foods Company Securities Class Action &#8211; Contact SueWallSt&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1000374","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SMPL Shareholder Alert: October 13, 2026 Lead Plaintiff Deadline in The Simply Good Foods Company Securities Class Action - Contact SueWallSt - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/smpl-shareholder-alert-october-13-2026-lead-plaintiff-deadline-in-the-simply-good-foods-company-securities-class-action-contact-suewallst\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SMPL Shareholder Alert: October 13, 2026 Lead Plaintiff Deadline in The Simply Good Foods Company Securities Class Action - Contact SueWallSt - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire A securities class action alleges Simply Good Foods switched OWYN to an inferior pea protein supplier, causing taste, texture, and shelf-life failures that were not disclosed to investors until OWYN sales contracted nearly 17% and the brand was written down by $187 million. NEW YORK, Sept. 3, 2026 \/PRNewswire\/ &#8212; SueWallSt notifies investors in The Simply Good Foods Company (NASDAQ: SMPL) that a class action has been filed on behalf of shareholders who purchased securities between October 24, 2024 and April 8, 2026. Find out if you might qualify for recovery. You may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com\u00a0or (888) SueWallSt. SMPL shares fell from a closing price of $14.41 per share on April 8, 2026 &hellip; Continue reading &quot;SMPL Shareholder Alert: October 13, 2026 Lead Plaintiff Deadline in The Simply Good Foods Company Securities Class Action &#8211; Contact SueWallSt&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/smpl-shareholder-alert-october-13-2026-lead-plaintiff-deadline-in-the-simply-good-foods-company-securities-class-action-contact-suewallst\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-03T16:22:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mmx.prnewswire.com\/media\/MS1812443\/suewallst-logo-1-Logo.jpg?id=OA2926411\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/smpl-shareholder-alert-october-13-2026-lead-plaintiff-deadline-in-the-simply-good-foods-company-securities-class-action-contact-suewallst\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/smpl-shareholder-alert-october-13-2026-lead-plaintiff-deadline-in-the-simply-good-foods-company-securities-class-action-contact-suewallst\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SMPL Shareholder Alert: October 13, 2026 Lead Plaintiff Deadline in The Simply Good Foods Company Securities Class Action &#8211; 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NEW YORK, Sept. 3, 2026 \/PRNewswire\/ &#8212; SueWallSt notifies investors in The Simply Good Foods Company (NASDAQ: SMPL) that a class action has been filed on behalf of shareholders who purchased securities between October 24, 2024 and April 8, 2026. Find out if you might qualify for recovery. You may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com\u00a0or (888) SueWallSt. SMPL shares fell from a closing price of $14.41 per share on April 8, 2026 &hellip; Continue reading \"SMPL Shareholder Alert: October 13, 2026 Lead Plaintiff Deadline in The Simply Good Foods Company Securities Class Action &#8211; Contact SueWallSt\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/smpl-shareholder-alert-october-13-2026-lead-plaintiff-deadline-in-the-simply-good-foods-company-securities-class-action-contact-suewallst\/","og_site_name":"Market Newsdesk","article_published_time":"2026-09-03T16:22:36+00:00","og_image":[{"url":"https:\/\/mmx.prnewswire.com\/media\/MS1812443\/suewallst-logo-1-Logo.jpg?id=OA2926411","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/smpl-shareholder-alert-october-13-2026-lead-plaintiff-deadline-in-the-simply-good-foods-company-securities-class-action-contact-suewallst\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/smpl-shareholder-alert-october-13-2026-lead-plaintiff-deadline-in-the-simply-good-foods-company-securities-class-action-contact-suewallst\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SMPL Shareholder Alert: October 13, 2026 Lead Plaintiff Deadline in The Simply Good Foods Company Securities Class Action &#8211; 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