hampton creek

  • SEC looks into Hampton Creek’s mayo buy back scheme

    SEC looks into Hampton Creek’s mayo buy back scheme

    The Securities and Exchange Commission has opened a preliminary inquiry into Hampton Creek after it was accused of running a secret project to buy up its own mayonnaise product from stores. Bloomberg, which first reported the news of the buybacks, now says the agency is looking at whether the startup inappropriately counted revenue from these purchases made with company money. The scheme is… Read More

  • The American Egg Board May Have Used Public Funds To Conspire Against Hampton Creek

    The American Egg Board May Have Used Public Funds To Conspire Against Hampton Creek

    The American Egg Board (AEB) may have violated federal laws by using public funds to try to obstruct Hampton Creek from selling its eggless mayonnaise alternative “Just Mayo.” The USDA has now opened an investigation. Hampton Creek accuses the AEB of conspiring to thwart sales efforts in Whole Foods grocery stores and has obtained a series of emails under the Freedom of Information… Read More

  • Hampton Creek In A Management Pickle As It Seeks To Raise $50 Million In Funding

    Hampton Creek In A Management Pickle As It Seeks To Raise $50 Million In Funding

    It hasn’t even been a full two weeks since Ali Partovi switched from an adviser role to chief strategy officer at Hampton Creek. However, the plant-based mayo startup has confirmed that Partovi is out. This leaves the company in a bit of a management pickle. In an odd move, Partovi switched from simply adviser to second in command to CEO and co-founder Josh Tetrick at the beginning… Read More