{"id":994951,"date":"2026-08-13T10:10:01","date_gmt":"2026-08-13T14:10:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-notifies-investors-of-pending-investigation-into-securities-claims-involving-papa-johns-international-pzza\/"},"modified":"2026-08-13T10:10:01","modified_gmt":"2026-08-13T14:10:01","slug":"levi-korsinsky-notifies-investors-of-pending-investigation-into-securities-claims-involving-papa-johns-international-pzza","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-notifies-investors-of-pending-investigation-into-securities-claims-involving-papa-johns-international-pzza\/","title":{"rendered":"Levi &amp; Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving Papa John&#8217;s International (PZZA)"},"content":{"rendered":"<h2>\nPapa John&#8217;s suspended its quarterly dividend and cut full-year adjusted EBITDA guidance to $180-$190 million alongside an 8.3% North American comparable-sales decline. Levi &amp; Korsinsky is investigating potential securities law violations on behalf of PZZA shareholders<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>NEW YORK, Aug.  13, 2026  (GLOBE NEWSWIRE) &#8212; Papa John&#8217;s International (NASDAQ: PZZA) shares fell after the Company reported second quarter revenue of $482.4 million, down 8.8% from $529.2 million a year earlier, suspended its quarterly dividend, and reduced full-year adjusted EBITDA guidance. If you suffered a loss on your Papa John&#8217;s investment, you are encouraged to\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=EpdtTAtpfrjVczC8OFQkm2hivX2UzlXBqlkvcSyeMWhEzlzPBQUCKqil7i2S8I2JEqBU7txiwQoLspz1sKG23G7Bis7GHnBKVE8resXx0CxIL5PR_6ZjxdjUQpcxLmU-jlBjb4W1SQsm_g7Vg-5RSUDU6DjHhHB2h2KVRi3wjgfxUs41gYDgqJvIlyJ48x7shx_5TTeL57qlM5D39MCH3Q==\" rel=\"nofollow\" target=\"_blank\">click here to submit your information<\/a>. You may also contact Joseph E. Levi, Esq. via email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ySfqn0P75rdebosOCAx5HIk7N6DO8viuO60v1emf35Kr_h6LxW9Q20tDWcx4JkTEffyTfTUuu4i0WDwcYrganJ-RVUWLigvCsAJJ2QVxnmA=\" rel=\"nofollow\" target=\"_blank\">jlevi@levikorsinsky.com<\/a> or by telephone at (212) 363-7500.<\/p>\n<p>The operating update disclosed a 5.7% decline in global comparable sales and an 8.3% decline in North American comparable sales. Full-year adjusted EBITDA guidance was reduced to $180-$190 million from $200-$210 million. The Company stated the dividend suspension would redirect capital toward its transformation strategy.<\/p>\n<p>The magnitude of the North American comparable-sales decline stands apart from figures the Company reported in recent quarters, which included North America comparable sales down 5% in Q4 2025 and down 2.7% in Q3 2025 and Q1 2025. In a March 10, 2026 proxy statement, Papa John&#8217;s stated it expected cost actions to deliver at least $25 million in enterprise cost savings outside of marketing through 2027, with approximately $13 million expected in 2026. The investigation concerns whether the Company adequately disclosed the scale of deterioration in its North American restaurant operations and the factors affecting its outlook.<\/p>\n<p>Shareholders who lost money on PZZA are encouraged to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=N9baZk1not_CCfZsdzXDdRGnNAaLMzXcrPOhKFigLFaIaGihbmLd_9dQ9UdfqWOsPZ1krGq0NML-p4uK6eSer9wdxCR81ew4f8f-OkINS3HtrnbGPiq6M-KKvfMptZtW_MO8388FywTFu02bD1kAYd1EC-U1NcDJaBmCg8iidKHu3H4m8USuf06gSj0EawPhsSS_gago80NLAVGCuZthEw==\" rel=\"nofollow\" target=\"_blank\">have their losses reviewed at no cost<\/a>. You may also reach Joseph E. Levi, Esq. at (212) 363-7500.<\/p>\n<p>\n        <strong>ABOUT LEVI &amp; KORSINSKY, LLP<\/strong> &#8212; Over the past 20 years, Levi &amp; Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi &amp; Korsinsky has ranked in ISS Securities Class Action Services&#8217; Top 50 Report.<\/p>\n<p>Frequently Asked Questions About the PZZA Investigation<\/p>\n<p>\n        <strong>Q: What is the PZZA securities investigation about?<\/strong><br \/>\n        <strong>A:<\/strong> A securities investigation is pending concerning Papa John\u2019s International (NASDAQ: PZZA) regarding whether the Company made materially false or misleading statements concerning its business performance, operating trends, and financial outlook. The investigation follows the Company\u2019s disclosure of an 8.8% revenue decline, an 8.3% decline in North American comparable sales, a reduction in full-year adjusted EBITDA guidance, and suspension of its quarterly dividend, after which shares declined, causing losses for investors.<\/p>\n<p>\n        <strong>Q: Who is eligible to participate in the PZZA investigation?<\/strong> A: Investors who purchased PZZA stock or securities 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        <strong>Q: Which statements are being investigated as potentially misleading?<\/strong> A: The investigation concerns whether Papa John&#8217;s made materially false or misleading statements regarding the health of its North American restaurant operations, its cost-savings program, and its capacity to sustain its quarterly dividend.<\/p>\n<p>\n        <strong>Q: What do PZZA investors need to do right now?<\/strong> A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi &amp; Korsinsky for a free, no-obligation evaluation at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ySfqn0P75rdebosOCAx5HIk7N6DO8viuO60v1emf35JDOOoMQocXm4s9Nb_QNq4HWl6zcL7jGPAjAqAqX0gj9p1KbiCOWuHGF-FkrhVWSmwDmG9OhCaMvtmOUzqdjf1J\" rel=\"nofollow\" target=\"_blank\">jlevi@levikorsinsky.com<\/a> or (212) 363-7500.<\/p>\n<p>\n        <strong>Q: What documents do I need to participate?<\/strong> A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.<\/p>\n<p>\n        <strong>Q: What if I already sold my PZZA shares &#8212; can I still recover losses?<\/strong> A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought PZZA and sold at a loss may still participate in the investigation.<\/p>\n<p>\n        <strong>Q: What does it cost me to participate?<\/strong> A: There is no upfront cost to participate. Securities investigations and any resulting actions are generally handled on a contingency basis. No upfront fees, no retainer, and no out-of-pocket costs.<\/p>\n<p>\n        <strong>Q: Do I need to go to court or give testimony?<\/strong> A: No. Participating in the investigation does not require court appearances or depositions.<\/p>\n<p>CONTACT:<\/p>\n<p>Levi &amp; Korsinsky, LLP<\/p>\n<p>Joseph E. Levi, Esq.<\/p>\n<p>Ed Korsinsky, Esq.<\/p>\n<p>33 Whitehall Street, 27th Floor<\/p>\n<p>New York, NY 10004<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ySfqn0P75rdebosOCAx5HIk7N6DO8viuO60v1emf35IN_oRUMjkdpJhzUtBCGfQ4_Nq20WuJ5Pfb9pCwK8FHdFfNIgbkzS5UY0KzTVCnUddRkO0uPcxwN2kG-vITwLvp\" rel=\"nofollow\" target=\"_blank\">jlevi@levikorsinsky.com<\/a>\n      <\/p>\n<p>Tel: (212) 363-7500<\/p>\n<p>Fax: (212) 363-7171<\/p>\n<p>Attorney Advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgwOTExMCM3NzczODk0IzIwMjA0MjY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MWEzY2E3NjYtMGQ2YS00NWE2LThiNzItNjAyZjc2YTBmNGE3LTEwMzIyOTMtMjAyNi0wOC0xMy1lbg==\/tiny\/Levi-Korsinsky-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Papa John&#8217;s suspended its quarterly dividend and cut full-year adjusted EBITDA guidance to $180-$190 million alongside an 8.3% North American comparable-sales decline. Levi &amp; Korsinsky is investigating potential securities law violations on behalf of PZZA shareholders NEW YORK, Aug. 13, 2026 (GLOBE NEWSWIRE) &#8212; Papa John&#8217;s International (NASDAQ: PZZA) shares fell after the Company reported second quarter revenue of $482.4 million, down 8.8% from $529.2 million a year earlier, suspended its quarterly dividend, and reduced full-year adjusted EBITDA guidance. If you suffered a loss on your Papa John&#8217;s investment, you are encouraged to\u00a0click here to submit your information. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. The operating update disclosed &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-notifies-investors-of-pending-investigation-into-securities-claims-involving-papa-johns-international-pzza\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Levi &amp; Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving Papa John&#8217;s International (PZZA)&#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-994951","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Levi &amp; Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving Papa John&#039;s International (PZZA) - 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\/levi-korsinsky-notifies-investors-of-pending-investigation-into-securities-claims-involving-papa-johns-international-pzza\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Levi &amp; Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving Papa John&#039;s International (PZZA) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Papa John&#8217;s suspended its quarterly dividend and cut full-year adjusted EBITDA guidance to $180-$190 million alongside an 8.3% North American comparable-sales decline. Levi &amp; Korsinsky is investigating potential securities law violations on behalf of PZZA shareholders NEW YORK, Aug. 13, 2026 (GLOBE NEWSWIRE) &#8212; Papa John&#8217;s International (NASDAQ: PZZA) shares fell after the Company reported second quarter revenue of $482.4 million, down 8.8% from $529.2 million a year earlier, suspended its quarterly dividend, and reduced full-year adjusted EBITDA guidance. If you suffered a loss on your Papa John&#8217;s investment, you are encouraged to\u00a0click here to submit your information. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. 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Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving Papa John's International (PZZA) - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-notifies-investors-of-pending-investigation-into-securities-claims-involving-papa-johns-international-pzza\/","og_locale":"en_US","og_type":"article","og_title":"Levi &amp; Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving Papa John's International (PZZA) - Market Newsdesk","og_description":"Papa John&#8217;s suspended its quarterly dividend and cut full-year adjusted EBITDA guidance to $180-$190 million alongside an 8.3% North American comparable-sales decline. Levi &amp; Korsinsky is investigating potential securities law violations on behalf of PZZA shareholders NEW YORK, Aug. 13, 2026 (GLOBE NEWSWIRE) &#8212; Papa John&#8217;s International (NASDAQ: PZZA) shares fell after the Company reported second quarter revenue of $482.4 million, down 8.8% from $529.2 million a year earlier, suspended its quarterly dividend, and reduced full-year adjusted EBITDA guidance. If you suffered a loss on your Papa John&#8217;s investment, you are encouraged to\u00a0click here to submit your information. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. The operating update disclosed &hellip; Continue reading \"Levi &amp; Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving Papa John&#8217;s International (PZZA)\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-notifies-investors-of-pending-investigation-into-securities-claims-involving-papa-johns-international-pzza\/","og_site_name":"Market Newsdesk","article_published_time":"2026-08-13T14:10:01+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgwOTExMCM3NzczODk0IzIwMjA0MjY=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-notifies-investors-of-pending-investigation-into-securities-claims-involving-papa-johns-international-pzza\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-notifies-investors-of-pending-investigation-into-securities-claims-involving-papa-johns-international-pzza\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Levi &amp; 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