SHAREHOLDER ALERT: Brower Piven Encourages Investors Who Have Losses In Excess Of $100,000 From Investment In Papa John’s International, Inc. (NASDAQ: PZZA) To Contact Brower Piven Before The Lead Plaintiff Deadline In Class Action Lawsuit

September 24, 2018

STEVENSON, Md., Sept. 24, 2018 (GLOBE NEWSWIRE) -- The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of Papa John’s International, Inc. (NASDAQ: PZZA) (“Papa John’s” or the “Company”) securities during the period between February 25, 2014 through July 19, 2018, inclusive (the “Class Period”). Investors who wish to become proactively involved in the litigation have until October 29, 2018 to seek appointment as lead plaintiff.

If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in Papa John’s securities during the Class Period. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No class has yet been certified in the above action.

The complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by virtue of the defendants’ failure to disclose during the Class Period that Papa John’s executives had engaged in a pattern of sexual harassment and other inappropriate workplace conduct and that the Company’s Code of Ethics and Business Conduct was inadequate to prevent the foregoing misconduct which would have a negative impact on Papa John’s business and operations and expose Papa John’s to reputational harm, heightened regulatory scrutiny and legal liability.

According to the complaint, following July 10, 2018 and July 11, 2018 reports that Papa John’s founder had used a racial slur during a conference call in May 2018 and a July 19, 2018 article reporting on the sexual inappropriate conduct, the value of Papa John’s shares declined significantly.

If you have suffered a loss in excess of $100,000 from investment in Papa John’s securities purchased on or after February 25, 2014 and held through the revelation of negative information during and/or at the end of the Class Period and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, without cost or obligation to you, please contact Brower Piven either by email at hoffman@browerpiven.com or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s. If you choose to retain counsel, you may retain Brower Piven without financial obligation or cost to you, or you may retain other counsel of your choice. You need take no action at this time to be a member of the class.

CONTACT: Charles J. PivenBrower Piven, A Professional Corporation1925 Old Valley RoadStevenson, Maryland 21153Telephone: 410-415-6616 hoffman@browerpiven.com

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