Papa John’s Beats Investor Suit on ‘Toxic’ Workplace Culture (1)

Feb. 3, 2021, 8:43 PM UTCUpdated: Feb. 3, 2021, 9:42 PM UTC

Papa John’s International Inc. successfully fought off a would-be class suit alleging it misled investors about a “toxic workplace culture” after a federal judge in New York dismissed the case with prejudice Wednesday.

The pizza chain’s investors relied on “essentially” the same facts they alleged in an earlier complaint that the court already tossed out, the U.S. District Court for the Southern District of New York said. None of the challenged statements are actionable, Judge Kimba M. Wood’s opinion said.

Investors accused Papa John’s of “misleadingly” touting the company’s culture, despite executives enabling a “bro” atmosphere and sexually harassing ...

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