Kessler Topaz Meltzer & Check, LLP said a securities fraud class action has been filed against The Simply Good Foods Company (NASDAQ: SMPL) in the U.S. District Court for the Southern District of New York. The action covers investors who purchased or acquired SMPL common stock from October 24, 2024, through April 8, 2026, inclusive, and gives investors until October 13, 2026, to seek lead-plaintiff status. The complaint alleges that Simply Good Foods misrepresented or failed to disclose problems surrounding its $280 million all-cash acquisition of OWYN, including management departures, an ineffective organizational restructuring, product-quality issues, execution failures, rising costs, margin erosion, discounting and reduced brand support. Simply Good Foods completed the acquisition on June 13, 2024, after announcing it on April 29, 2024. The company later said OWYN integration was progressing as planned. On April 9, 2026, the company reported that customer consumption had fallen across its brands and that OWYN quarterly sales had declined nearly 17% year over year; its stock fell more than 27% over two trading days. The existing record also includes a separate Papa John’s International securities action, with a Nov. 2, 2026, lead-plaintiff deadline. Neither class has been certified, and eligible investors may retain counsel, remain absent class members or take no action.