Levi & Korsinsky Investigates Potential Securities Law Violations at Freshpet, Inc.
New York, NY – March 5, 2025
Levi & Korsinsky, a leading securities law firm, notifies investors that it has commenced an investigation of Freshpet, Inc. (“Freshpet”) (NASDAQ: FRPT) regarding potential securities laws violations. The investigation focuses on Freshpet’s financial reporting and disclosures, following the release of the company’s fourth-quarter and full-year financial results for the period ended December 31, 2024.
Background
On February 20, 2025, Freshpet issued a press release reporting its financial results, which showed a wider-than-expected loss for the fourth quarter and a lower revenue growth rate than anticipated. The company attributed the shortfall to higher costs and lower sales, leading to concerns among investors about Freshpet’s profitability and growth prospects.
Investigation Details
Levi & Korsinsky’s investigation aims to determine whether Freshpet and certain of its executives or directors may have misrepresented the company’s financial condition or made false or misleading statements to investors. The firm is examining the timing and content of the company’s public statements, as well as the adequacy of its disclosures regarding the financial results and any related business developments.
Impact on Investors
The investigation could have significant implications for Freshpet’s investors. If the investigation reveals material misstatements or omissions in the company’s financial reporting or disclosures, it could result in securities class action lawsuits against Freshpet and its executives. These lawsuits could potentially lead to substantial damages for affected investors.
Impact on the World
The investigation could also impact the pet food industry as a whole. Freshpet is a leading player in the rapidly growing market for fresh pet food, which has gained popularity due to its perceived health benefits. If the investigation results in allegations of securities law violations, it could potentially undermine investor confidence in the industry and negatively affect the stocks of other companies in the sector.
Conclusion
At this time, the investigation is ongoing, and no definitive conclusions have been reached. However, investors who purchased or otherwise acquired Freshpet securities between February 20, 2024, and March 5, 2025, may be entitled to compensation. Levi & Korsinsky encourages investors to contact the firm if they wish to discuss their potential legal rights and options.
- Investors with an inquiry concerning this investigation should contact Jonathan Levi, Esq. or Yael Platt, Esq. at 212-363-7571, toll-free: 877-363-5972, or via email at [email protected] or [email protected].
- Levi & Korsinsky has pioneered the field of securities class action litigation and has recovered hundreds of millions of dollars for aggrieved investors.
