"The special committee has an ongoing independent outside audit and investigation to review any allegations, which we are striving to complete in the most expedient way. John Schnatter's attacks on the company, its board and management seem to serve only his interests. As the independent directors, we will defend the company against his actions and continue to do what is right for Papa John's and our stakeholders." Papa John's share price closed at $46.54 on Aug. 29 on the Nasdaq, down 17 percent from $55.83 just prior to Schnatter's ouster and down 39 percent from the 52-week high of $75.82 set back on Sept. 13, 2017.