Levi & Korsinsky Investigates Potential Securities Law Violations at Freshpet, Inc.
New York, NY – March 2, 2025
Levi & Korsinsky, a leading securities law firm, notifies investors that it has commenced an investigation of Freshpet, Inc. (NASDAQ: FRPT) regarding potential securities laws violations. The investigation focuses on Freshpet’s financial reporting and disclosures following the release of its fourth quarter and full year 2024 financial results on February 20, 2025.
Background
Freshpet, Inc. is a leading marketer, manufacturer, and distributor of refrigerated pet food products in the United States. The Company’s mission is to provide pets with fresh, natural, and nutritious food. Freshpet’s portfolio includes products under the Freshpet, Fresh From the Kitchen, and Vital Essentials brands.
Investigation Details
On February 20, 2025, Freshpet reported its financial results for the fourth quarter and full year ended December 31, 2024. The Company reported revenue of $341.6 million for the full year, a 9% increase compared to the previous year. However, Freshpet also announced that it would be discontinuing its Freshpet Select line of products due to underperformance. The Company’s stock price declined by more than 20% following the announcement.
Investor Impact
Investors who purchased or otherwise held Freshpet securities between February 20, 2024, and the present are encouraged to contact Levi & Korsinsky to discuss their losses. The Firm has extensive experience in recovering damages for investors under the Securities Exchange Act of 1934.
Implications for the World
The investigation of Freshpet, Inc. highlights the importance of accurate financial reporting and disclosures for publicly traded companies. As investors rely on this information to make informed decisions, any misrepresentation or omission can have significant consequences. The investigation could potentially lead to regulatory action against Freshpet, fines, and compensation for affected investors.
Conclusion
The investigation of Freshpet, Inc. by Levi & Korsinsky is a reminder of the importance of transparency and accuracy in financial reporting. Investors trust that the information they receive from publicly traded companies is truthful and complete. When this trust is breached, it can lead to significant financial losses and reputational damage. As the investigation unfolds, it is essential for investors to stay informed and consult with their financial advisors to understand any potential impact on their investments.
- Levi & Korsinsky announces investigation of Freshpet, Inc.
- Focus on potential securities laws violations following financial results release.
- Investors encouraged to contact the Firm for information on their losses.
- Implications for the importance of accurate financial reporting.
- Stay informed and consult with financial advisors.
