<p>New York, New York--(Newsfile Corp. - July 17, 2026) - <a href="https://api.newsfilecorp.com/redi...

<p>New York, New York--(Newsfile Corp. - July 17, 2026) - <a href="https://api.newsfilecorp.com/redirect/wEbNVcrZJG">Kaplan Fox &#38; Kilsheimer LLP</a> is investigating potential securities violations against The Simply Good Foods Company ("Simply Good" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/SMPL">SMPL</a>).</p><p style="text-align: center;"><a href="https://api.newsfilecorp.com/redirect/gJWpBtNJb7">CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION</a></p><p><b>If you are a Simply Good investor and have suffered losses, or if you have information that could assist in the Simply Good investigation, you may </b><a href="https://api.newsfilecorp.com/redirect/ppbxOt37Dx"><b>CLICK HERE</b></a><b> to contact us. You may also contact Kaplan Fox by emailing </b><a href="mailto:pmayer@kaplanfox.com"><b>pmayer@kaplanfox.com</b></a><b> or by calling (646) 315-9003.</b></p><p>On June 13, 2024, Simply Good announced the completion of the acquisition of Only What You Need (OWYN) for a purchase price of $280 million.</p><p>On October 23, 2025, Simply Good reported financial results for the fourth quarter of 2025, disclosing among other things, a "quality issue" with the Company's recently acquired OWYN brand, "related to a raw material sourcing decision for pea protein made prior to the closing of the acquisition."</p><p>Following this news, the price of Simply Good stock fell $4.33 per share, or 17.35%, to close at $20.63 per share on October 23, 2025</p><p>Then, on April 9, 2026, Simply Good reported financial results for the second quarter of 2026, including that "Net sales of $326.0 million decreased 9.4% versus the comparable year ago period, driven by declines for Atkins and OWYN of 26.6% and 16.8%, respectively."   Simply Good also "recognized an aggregate $249.0 million non-cash, impairment charge related to the Atkins brand and OWYN brand intangible assets" comprised of "a loss on impairment $187.0 million for OWYN and $62.0 million for Atkins[.]"</p><p>Following this news, the price of Simply Good stock fell $2.61 per share, or 18.11%, to close at $11.80 per share on April 9, 2026.</p><p><b>WHY CONTACT KAPLAN FOX?</b></p><p>Kaplan Fox &#38; Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.</p><p>Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in <i>In re Bank of America</i>-the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act-$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in <i>ATRS v. Allianz Global Investors</i>, and a $475 million settlement in <i>In re Merrill Lynch</i>.</p><p>For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.</p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.</p><p>If you have any questions about this investigation, please contact:</p><div id="contactInfo"><p><b>CONTACT:</b></p><p>Pamela A. Mayer<br /><a href="https://api.newsfilecorp.com/redirect/YEWv8cx7ZR">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />800 Third Avenue, 38th Floor<br />New York, New York 10022<br />(646) 315-9003<br /><a href="mailto:pmayer@kaplanfox.com">pmayer@kaplanfox.com</a></p><p>Laurence D. King<br /><a href="https://api.newsfilecorp.com/redirect/0pazYt5QRg">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />1999 Harrison Street, Suite 1501<br />Oakland, California 94612<br />(415) 772-4704<br /><a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p></div><p>Contacting or submitting information to Kaplan Fox &#38; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p><p><a href="https://api.newsfilecorp.com/redirect/RYWXgfwY3V">https://www.kaplanfox.com/case/simply-good-foods-shareholder-alert-learn-more-now/</a></p><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/12532/305630_3af8bdd7c4f66993_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/WAW48unJZ3">https://www.newsfilecorp.com/release/305630</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/305630/197" alt="" /></p>

SMPL

Kaplan Fox Announces a Securities Investigation into Simply Good Foods Company (SMPL) - Investors Encouraged to Contact the Firm

Securities investigation into SMPL adds overhang amid OWYN impairment

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>&lt;p&gt;New York, New York--(Newsfile Corp. - July 17, 2026) - &lt;a href=&quot;https://api.newsfilecorp.com/redi...</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Kaplan Fox &amp; Kilsheimer LLP announced a securities investigation into Simply Good Foods (SMPL), spotlighting the OWYN acquisition and related impairments. The company disclosed an OWYN quality issue in 2025 and substantial impairment charges in Q2 2026, pressuring margins and cash flow. The investigation introduces a legal overhang that could weigh valuation until clarified.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Kaplan Fox probes SMPL securities violations; no allegations disclosed.</li><li>OWYN acquisition closed June 13, 2024 for $280M; quality issues surfaced Oct 2025.</li><li>Q2 2026 net sales $326.0M, down 9.4%; $249.0M impairment on OWYN and Atkins.</li><li>Stock fell 18.11% to $11.80 on Apr 9, 2026.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>The Simply Good Foods Company (SMPL)</strong>: Subject of investigation; potential securities violations; impairment history with OWYN and Atkins.</li><li><strong>Kaplan Fox &amp; Kilsheimer LLP (N/A)</strong>: Law firm leading the SMPL securities investigation; potential litigation catalyst if new facts emerge.</li><li><strong>OWYN (Only What You Need) (OWYN)</strong>: Acquired brand for $280M; quality issue tied to pea protein sourcing; impairment recognized.</li><li><strong>Atkins (brand) (N/A)</strong>: Impairment of Atkins brand contributed to 2026 charges; governance/discretionary spend implications.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal. The article centers on a securities investigation into SMPL, highlighting potential governance, disclosure, and litigation risk that could influence valuation and investor sentiment until facts are clarified.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Legal inquiry may create overhang until concrete facts emerge.</li><li>OWYN impairment and brand issues weigh on potential long-term cash flow.</li><li>SMPL stock volatility may flare on any new investigation updates.</li><li>Investigation could influence governance scrutiny and potential settlements; investors await facts.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>OWYN acquisition closed June 13, 2024 for $280 million.</li><li>Oct 23, 2025: Q4 2025 results disclosed OWYN quality issue tied to pre-closing pea protein sourcing.</li><li>Oct 23, 2025: SMPL stock closed at $20.63, down 17.35%.</li><li>April 9, 2026: Q2 2026 net sales $326.0 million, down 9.4% YoY.</li><li>April 9, 2026: Impairment charges totaling $249.0 million (OWYN $187m, Atkins $62m).</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Neutral-to-bearish near-term; price sensitivity hinges on concrete facts from the investigation over weeks to months.</p>
  </section>
</section>


<article>
  <section aria-label="Opening summary">
    <h2>Kaplan Fox & Kilsheimer LLP Launches Securities Investigation into SMPL</h2>
    <p>New York, New York — On July 17, 2026, Kaplan Fox & Kilsheimer LLP disclosed that it is investigating potential securities violations against The Simply Good Foods Company (Simply Good or the Company) listed on NASDAQ as <strong>SMPL</strong>. The firm invites investors with information or losses to contact them as part of this investigation. This development highlights potential concerns surrounding Simply Good’s recent brand acquisitions and financial results.</p>
    <p><a href="https://api.newsfilecorp.com/redirect/gJWpBtNJb7">CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION</a></p>
    <p><strong>If you are a Simply Good investor and have suffered losses, or if you have information that could assist in the Simply Good investigation, you may </strong><a href="https://api.newsfilecorp.com/redirect/ppbxOt37Dx"><strong>CLICK HERE</strong></a><strong> to contact us. You may also contact Kaplan Fox by emailing </strong><a href="mailto:pmayer@kaplanfox.com"><strong>pmayer@kaplanfox.com</strong></a><strong> or by calling </strong><strong>(646) 315-9003</strong><strong>.</strong></p>
  </section>

  <section aria-label="Acquisition and key events timeline">
    <h2>Timeline of Significant Events Involving SMPL and OWYN</h2>
    <ul>
      <li><strong>June 13, 2024</strong> — Simply Good announced the completion of the acquisition of Only What You Need (OWYN) for a purchase price of <strong>$280 million</strong>.</li>
      <li><strong>October 23, 2025</strong> — Simply Good reported financial results for the fourth quarter of 2025, disclosing among other things, a <em>"quality issue"</em> with the Company's recently acquired OWYN brand, <em>"related to a raw material sourcing decision for pea protein made prior to the closing of the acquisition."</em></li>
      <li>Following the above news, SMPL stock price fell <strong>$4.33</strong> per share, or <strong>17.35%</strong>, to close at <strong>$20.63</strong> per share on October 23, 2025.</li>
      <li><strong>April 9, 2026</strong> — Simply Good reported financial results for the second quarter of 2026, including that <strong>"Net sales of $326.0 million decreased 9.4% versus the comparable year ago period, driven by declines for Atkins and OWYN of 26.6% and 16.8%, respectively."</strong> Simply Good also <em>"recognized an aggregate $249.0 million non-cash, impairment charge related to the Atkins brand and OWYN brand intangible assets"</em> comprised of <em>"a loss on impairment $187.0 million for OWYN and $62.0 million for Atkins[.]"</em></li>
      <li>Following this news, SMPL stock price fell <strong>$2.61</strong> per share, or <strong>18.11%</strong>, to close at <strong>$11.80</strong> per share on April 9, 2026.</li>
    </ul>
  </section>

  <section aria-label="Reason for contact and firm background">
    <h2>Why Contact Kaplan Fox & Kilsheimer LLP</h2>
    <p>Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than <strong>$10 billion</strong> for clients and the classes it has represented.</p>
    <p>Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a <strong>$2.425 billion</strong> recovery on behalf of Bank of America shareholders in <em>In re Bank of America</em> — the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act — <strong>$800 million</strong> recovered for the Arkansas Teacher Retirement System and other pension funds in <em>ATRS v. Allianz Global Investors</em>, and a <strong>$475 million</strong> settlement in <em>In re Merrill Lynch</em>.</p>
    <p>For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.</p>
    <p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.</p>
  </section>

  <section aria-label="Investor contact details">
    <h2>Investor Inquiries and Contact Information</h2>
    <div id="contactInfo">
      <p><strong>CONTACT:</strong></p>
      <p><strong>Pamela A. Mayer</strong><br />
      <a href="https://api.newsfilecorp.com/redirect/YEWv8cx7ZR">KAPLAN FOX & KILSHEIMER LLP</a><br />
      800 Third Avenue, 38th Floor<br />New York, New York 10022<br />(646) 315-9003<br />
      <a href="mailto:pmayer@kaplanfox.com">pmayer@kaplanfox.com</a></p>
      <p><strong>Laurence D. King</strong><br />
      <a href="https://api.newsfilecorp.com/redirect/0pazYt5QRg">KAPLAN FOX & KILSHEIMER LLP</a><br />
      1999 Harrison Street, Suite 1501<br />Oakland, California 94612<br />(415) 772-4704<br />
      <a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p>
    </div>
    <p>Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p>
    <p><a href="https://api.newsfilecorp.com/redirect/RYWXgfwY3V">https://www.kaplanfox.com/case/simply-good-foods-shareholder-alert-learn-more-now/</a></p>
  </section>

  <section aria-label="Source and media">
    <p><img src="https://images.newsfilecorp.com/files/12532/305630_3af8bdd7c4f66993_logo.jpg" alt="Corporate Logo" /></p>
    <p>To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/WAW48unJZ3">https://www.newsfilecorp.com/release/305630</a></p>
    <p><img src="https://api.newsfilecorp.com/newsinfo/305630/197" alt="" /></p>
  </section>
</article>

Kaplan Fox & Kilsheimer LLP announced a securities investigation into Simply Good Foods (SMPL), spotlighting the OWYN acquisition and related impairments. The company disclosed an OWYN quality issue in 2025 and substantial impairment charges in Q2 2026, pressuring margins and cash flow. The investigation introduces a legal overhang that could weigh valuation until clarified.

Kaplan Fox Announces a Securities Investigation into Simply Good Foods Company (SMPL) - Investors Encouraged to Contact the Firm

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Legal

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