TAKE A LOOK AT WHICH REPORT YOUR PORTFOLIO'S BEEN MISSING...

Shareholders Foundation offers real-time reporting of class action exposure on a per transaction basis,
including the documents you will need for claim filing and settlement recovery.
Start Monitoring Your Investments

Biglari Holdings Inc (NYSE:BH) Investor Lawsuit Against Certain Directors Filed

  • If you purchased shares of Biglari Holdings Inc (NYSE:BH), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

Company
Biglari Holdings Inc
Security

Case Name
Biglari Holdings Shareholder Derivative Lawsuit 02/15/2018
Type of Lawsuit
Stockholder Derivative Action
You must register or login to receive notifications.

Click here to subscribe to Biglari Holdings Inc.
Summary

An investor in shares of Biglari Holdings Inc (NYSE:BH) filed a lawsuit against certain directors of Biglari Holdings Inc over alleged breaches of fiduciary duties.
San Antonio, TX based Biglari Holdings Inc. is a holding company owning subsidiaries engaged in various business activities, including media, property and casualty insurance, and restaurants The Company's segments include Restaurant Operations, First Guard, Maxim, Other and Corporate. Biglari Holdings Inc reported that its annual Total Revenue declined from $861.45 million in 2015 to $850.08 million in 2015 and that its Net loss of $15.84 million in 2015 increased to $99.45 million in 2016.

The plaintiff seeks to stop a reorganization effort, arguing it will unjustly enrich the CEO, who within three years has already reaped $80 million to become the highest paid CEO in the restaurant industry.