Glass Lewis Recommends Bandera Nominee to Luby’s Board
Luby's, Inc. (LUB)
US:NYSE Investor Relations:
lubysinc.com/investors
Company Research
Source: Business Wire
Glass Lewis Recommends Luby’s Stockholders Vote Only on the GOLD Proxy Glass Lewis Cites Luby’s “Disastrous Financial Performance” and “Insufficient Turnaround Plan” NEW YORK--(BUSINESS WIRE)-- Bandera Partners LLC, a significant stockholder of Luby’s Inc. (NYSE: LUB) announced that proxy advisor Glass Lewis recommends that their clients vote using only the GOLD proxy card at Luby’s 2019 Annual Meeting on January 25th. In a report calling for change to Luby’s Board of Directors, Glass Lewis recommends that its clients vote FOR Bandera nominee Jeff Gramm on the GOLD proxy card, and to not vote the white proxy card. Bandera believes that stockholders seeking change at Luby’s should vote for all four of its nominees on the GOLD proxy card. Key Quotes from the Glass Lewis Report: “Having evaluated the arguments made by the Dissident and the incumbent board’s response, we fin
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