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Stock impact report

Bandera Partners Issues Statement on Luby’s Election Results

Luby's, Inc. (LUB) 
US:NYSE Investor Relations: lubysinc.com/investors
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- Bandera Partners LLC, a significant stockholder of Luby’s Inc. (NYSE: LUB) issued the following statement: At the Luby’s Annual Meeting of Stockholders held on January 25, 2019, an agent of Bandera Partners submitted a Master Ballot to the Inspector of Elections that contained an inadvertent error that was not discovered by Bandera or its advisors. After the results of the election were certified on January 30, 2019, Bandera Partners became aware of the error that led to its proxies not being voted in favor of five of Luby’s nominees, as intended and planned. To the extent Luby’s lawyers were aware of the error, they chose not to inform us of our mistake. Once Bandera became aware of the error, we offered to work with Luby’s after certification to have our proxies voted in favor of those management nominees for whom we always intended to vote. Bandera Partners’ offer to try to Show less Read more
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