May 30, 2019
Bed Bath & Beyond avoided a looming proxy fight over its board with a trio of activists by agreeing to appoint four new independent directors, a move that comes after the conflict erupted in litigation earlier this month.
May 10, 2019
Activist investor Legion Partners hit Bed Bath & Beyond with a suit in New York federal court Friday, contending the retailer's directors are barring shareholders from freely electing dissident nominees through the use of potentially costly "proxy penalties."