activistletters
Lamb Weston (LW): JANA Partners Urges Board and Leadership Overhaul, Warns Sale Should Be Considered
Summary
JANA Partners (5%+ holder) demands significant board and leadership change at Lamb Weston, citing years of underperformance, self-inflicted operational
activistletters
JANA Partners Sends Letter to Board of Directors of Lamb Weston Holdings
JANA Partners Sends Letter to Board of Directors of Lamb Weston Holdings
Believes Significant Board and Leadership Change Is Necessary
activistletters
Marlton Partners Challenges 180 Degree Capital (TURN) Board, Urges Capital Return Plan to Eliminate NAV Discount
Summary
Marlton, owning a significant stake in TURN, criticizes CEO/Chair Kevin Rendino and the board for destroying value—NAV
activistletters
180 Degree Capital (TURN): Marlton Partners Nominates Directors, Criticizes Kevin Rendino for Value Destruction and NAV Discount
Dear Fellow Shareholders,
Since Kevin Rendino became the Chair and CEO of 180 Degree Capital Corp. (“TURN” or “Company”) in
activistletters
Marlton Partners Pushes for Board Change at 180 Degree Capital (TURN), Citing -37% NAV Decline and Governance Failures
Summary
Marlton Partners, owning shares in 180 Degree Capital (TURN), criticizes CEO/Chair Kevin Rendino and the Board for seven
activistletters
Marlton Partners L.P. Open Letter to Shareholders of 180 Degree Capital Corp.
Company Name: 180 DEGREE CAPITAL CORP. /NY/
Symbol: TURN
Filing Date: Dec-17-2024
Filer Name: MARLTON PARTNERS, L.P.
180 DEGREE
activistletters
Atea Pharmaceuticals (AVIR): BML Investment Partners (8.1% Holder) Urges Strategic Partner Before Phase 3 Trial
Summary
BML Investment Partners (8.1% holder of Atea Pharmaceuticals) questions the lack of insider confidence following favorable Phase 2
activistletters
BML Investment Partners, L.P. Sent A Letter To The Board Of Directors Of Atea Pharmaceuticals, Inc.
BML Capital Management, LLC
65 E Cedar, Suite 2, Zionsville, IN 46077
December 13, 2024
Board of Directors
Atea Pharmaceuticals,
activistletters
ModivCare (MODV): Q Investments (14% Holder) Pushes for Board Refresh, Leadership Evaluation, and Strategic Review
Summary
Q Investments (14% shareholder and debt holder of ModivCare) welcomes the December 13 resignations of Chairman Shackelton and director
activistletters
Q Global Capital Management, L.P. Sent A Letter To The Board Of Directors Of Modivcare Inc
Dear Members of the ModivCare Board:
Currently, affiliates of Q Investments, L.P. directly hold approximately 14% of the Company’
activistletters
Gabelli Urges Myers Industries (MYE) to Pursue Signature Systems Spin/IPO, Highlighting Undervalued Assets and Capital Allocation Potential
Summary
Gabelli Funds’ December 2024 presentation argues that Myers Industries (MYE) is significantly undervalued and could nearly double in enterprise
activistletters
Gamco Investors, Inc. Issues Detailed Investor Presentation On Myers Industries Inc
Company Name: Myers Industries Inc
Symbol: MYE
Filing Date: Dec-13-2024
Filer Name: Gamco Investors, Inc.
Download PresentationMYERS INDUSTRIES INC-DEc-13-2024.pdf544
activistletters
Stadium Capital Urges Board Overhaul at Sleep Number (SNBR), Citing Backing From Holders of 45% of Shares
Summary
Stadium Capital urges long-tenured Sleep Number directors Stephen Gulis, Michael Harrison, Shelly Ibach, Brenda Lauderback, and Barbara Matas to
activistletters
Stadium Capital Management Urges Sleep Number’s Board of Directors to Respect Shareholders’ Calls for Boardroom Changes
Calls on Long-Tenured Directors Stephen Gulis, Michael Harrison, Shelly Ibach, Brenda Lauderback and Barbara Matas to Respect the Will of
activistletters
Daktronics (DAKT) Faces Alta Fox Push for CEO/Chair Split, Poison Pill Removal, and Path to $40+ Share Price
Summary
Alta Fox (12% holder) is pushing for major governance and leadership changes at Daktronics, citing severe underperformance under CEO/
activistletters
Alta Fox Opportunities Fund, LP Issues Detailed Investor Presentation On Daktronics Inc
Company Name: Daktronics Inc
Symbol: DAKT
Filing Date: Dec-11-2024
Filer Name: Alta Fox Opportunities Fund, LP
Download PresentationAlta Fox Daktronics
activistletters
Matthews International (MATW): Barington Capital Seeks CEO Change, Divestitures, and Board Refresh After Years of Underperformance
Summary
Barington (shareholder since 2022) criticizes Matthews’ 18-year CEO Joseph Bartolacci for massive underperformance—just 8.9% TSR vs 629%
activistletters
Barington Capital Group Sends Letter To Chairman Of The Board Of Matthews International Highlighting Urgent Need For New Leadership
Mr. Alvaro Garcia-Tunon
Chairman of the Board of Directors
Matthews International Corporation
Two NorthShore Center
Pittsburgh, PA 15212
Dear Mr.
