Once Upon A Farm, PBC (OFRM) Investigation

The investigation’s focus is on OFRM’s disclosures of sales concentration for specific product lines (in particular, Tractor Wheels) and risks in the event of potential disruptions to sales.

On November 2, 2026, the U.S. Food & Drug Administration announced that consumers should not buy or serve Tractor Wheels soft-baked bars, citing a potentially fatal choking hazard and explaining the agency received complaints that toddlers suffered “complete airway obstruction with the inability to breathe after consuming the product.” Commenting on OFRM’s October 30, 2026 announcement of a recall of its Tractor Wheels product line, CEO John Foraker reportedly revealed that Tractor Wheels accounts for 18% of the total net sales year-to-date and “‘their absence will affect sales until we resume shipments.’”

The market quickly reacted and sent the price of OFRM shares spiraling lower. 

FREQUENTLY ASKED QUESTIONS ABOUT THE CASE

What is the OFRM investigation about?

We focused on whether OFRM was sufficiently transparent about potential risks of its products.

WHAT SHOULD I DO?

I worked at OFRM. What should I do?

If you were an employee of OFRM, you may have valuable information that could be relevant to the investigation. Hagens Berman is one of the nation’s top whistleblower law firms, and has successfully represented many individuals who come forward with information regarding corporate malfeasance. Under the new SEC Whistleblower program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, contact Reed Kathrein at 844-916-0895 or [email protected].

There are multiple law firms participating, do I need to contact all of them?

No, you do not need to contact all participating law firms. Generally, class-action investigations and lawsuits are consolidated into a single case to streamline the legal process, and attorneys from only a few law firms are selected to serve in a leadership role on the consolidated case. Hagens Berman has a proven track record of being appointed to leadership roles in complex, multidistrict litigation regarding investor fraud and other consumer rights issues, and your claim will be handled by attorneys who have helped secure approximately $325 billion in class-action settlements on behalf of individuals who have suffered due to corporate malfeasance and the wrongdoing of other powerful institutions.

AM I ELIGIBLE?

What is the threshold amount to be eligible? What are “substantial” losses?

The threshold amount and the definition of "substantial" losses may vary depending on a number of factors specific to the case, including the size of the company, market cap, shares outstanding and who holds them and the damages alleged by the fraud. In general, to be eligible to participate in a class-action lawsuit, you must be able to demonstrate that you suffered financial losses as a result of the alleged wrongdoing and that your losses meet the criteria set by the court or law firm. Fill out the form and submit your losses.

CAN I PARTICIPATE?

Am I affected? What do I need to do to participate?

If you were an investor in OFRM, you may be affected and eligible to participate in the case. To determine your eligibility and potential involvement, fill out the form and submit your losses.

Can any OFRM investor participate?

In most class-action investigations and cases, any investor who meets the eligibility criteria, including purchasing the shares during the relevant period, can participate, regardless of the size of their investment. Fill out the form to find out your rights.

I bought on a non-U.S. Exchange. Can I participate?

No. This investigation only covers shares bought on a U.S. exchange, i.e. NASDAQ or NYSE. Fill out the form to find out your rights.

Am I included if I still hold my shares, or do I need to sell to participate?

Participation is based on purchasing shares during the relevant period, rather than your current holdings. Accordingly, you do not need to sell to participate. Fill out the form to find out your rights.