Analyst: Franchisee lawsuits may disrupt Papa Murphy's

Analyst: Franchisee lawsuits may disrupt Papa Murphy's

However, long-term prospects remain positive, according to Baird Equity note

Franchisee lawsuits targeting Papa Murphy’s Holdings Inc., the parent of Papa Murphy’s Take ’N’ Bake Pizza, could temporarily disrupt its development, but the company’s long-term franchise growth plan is solid, an analyst said in a report Thursday.

Last week, a group of 16 Papa Murphy’s franchisees filed a lawsuit charging that Vancouver, Wash.-based Papa Murphy’s misled them about expected sales and profit for new units and inaccurat

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