Investigation Overview
August 24, 2016 (Shareholders Foundation) - An investigation on behalf of investors in Hampton Creek, Inc. was announced over potential breaches of fiduciary duties by certain officers and directors at Hampton Creek, Inc.
The investigation by a law firm concerns whether certain Hampton Creek officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
On August 19, 2016 it was reported that the Securities and Exchange Commission (SEC) has opened a preliminary inquiry into the Company. The inquiry was reported to be in response to a report from Bloomberg News that described a scheme by Hampton Creek to buy large quantities of its Just Mayo product by sending undercover contractors into stores.