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Papa John's International, Inc.

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by management of Papa John’s International, Inc. (NASDAQ: PZZA) resulting from allegations that management may have issued materially misleading business information to the investing public.

If you currently hold shares of Papa John’s and would like to join the action, please click "Join This Class Action" above.

Press Release

EQUITY ALERT: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties By Management of Papa John’s International, Inc. – PZZA

New York, N.Y., July 20, 2018. Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by management of Papa John’s International, Inc. (NASDAQ: PZZA) resulting from allegations that management may have issued materially misleading business information to the investing public.

On July 10, 2018, after the market closed, and July 11, 2018, media outlets reported that Papa John’s founder, John Schnatter, used a racial slur during a conference call in May 2018.  On this news, Papa John’s stock price fell $2.46 per share, or 4.84%, to close at $48.33 per share on July 11, 2018.  Later that day, Papa John’s announced Schnatter’s resignation as chairman of Papa John’s board. Then, on July 19, 2018, Forbes published an article entitled “The Inside Story of Papa John’s Toxic Culture.” Citing “interviews with 37 current and former Papa John’s employees – including numerous executives and board members,” the Forbes article reported that “Schnatter’s alleged behavior ranges from spying on his workers to sexually inappropriate conduct, which has resulted in at least two confidential settlements.” On this news, Papa John’s stock price fell $2.60, or 4.85%, to close at $51.00 per share on July 19, 2018.

If you currently own shares of Papa John’s, please visit the firm’s website at http://www.rosenlegal.com/cases-1379.html or more information. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or zhalper@rosenlegal.com.

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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:                                     

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      Zachary Halper, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 34th Floor
      New York, NY  10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      lrosen@rosenlegal.com
      pkim@rosenlegal.com
      zhalper@rosenlegal.com  
      www.rosenlegal.com