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Legion Partners Holdings, LLC v. Bed Bath & Beyond Inc. et al
Case Number:
1:19-cv-04248
Court:
Nature of Suit:
Judge:
Companies
Sectors & Industries:
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May 30, 2019
Bed Bath & Beyond Adds New Directors To Halt Proxy Fight
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.
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May 10, 2019
Activist Blasts Bed Bath & Beyond For 'Proxy Penalties'
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."