Robbins Arroyo LLP: Biglari Holdings Inc. (BH) Misled Shareholders According to a Recently Filed Class Action
Biglari Holdings Inc. Class B (BH)
US:NYSE Investor Relations:
biglariholdings.com/reports.htm
Company Research
Source: Business Wire
SAN DIEGO & SAN ANTONIO--(BUSINESS WIRE)-- Shareholder rights law firm Robbins Arroyo LLP announces that purchasers of Biglari Holdings Inc. (NYSE: BH) have filed a class action complaint against the company's officers and directors for alleged breaches of fiduciary duties and unjust enrichment. Biglari Holdings, through its subsidiaries, operates and franchises restaurants in the United States. View this information on the law firm's Shareholder Rights Blog:www.robbinsarroyo.com/biglari-holdings-inc-feb-2018 Biglari Holdings Accused of Reorganizing at Shareholders' Expense According to the complaint, Sardar Biglari is the company's Chief Executive Officer and Chairman who beneficially owns approximately 52.5% of Biglari's outstanding stock and engages in myriad lucrative related-party transactions with himself and his immediate family. According to the complaint, Mr. Biglari has hatched a pla
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News
- Biglari Holdings Inc. (NYSE:BH.A) is favoured by hedge funds owners who hold 67% of the company [Yahoo! Finance]Yahoo! Finance
- Investors in Biglari Holdings (NYSE:BH.A) have seen notable returns of 34% over the past five years [Yahoo! Finance]Yahoo! Finance
- BIGLARI HOLDINGS INC. NEWS RELEASE [MarketWatch]MarketWatch
- Biglari Holdings Inc. (NYSE: BH) was upgraded by analysts at TheStreet from a "c" rating to a "b-" rating.MarketBeat
- Biglari Holdings Inc. (NYSE: BH) was upgraded by analysts at StockNews.com from a "hold" rating to a "strong-buy" rating.MarketBeat
BH
Analyst Actions
- 2/28/24 - TheStreet
BH
Sec Filings
- 4/18/24 - Form 8-K
- 3/29/24 - Form 10-K/A
- 3/28/24 - Form SC
- BH's page on the SEC website