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Tag: Jana Partners

Freshpet signs cooperation agreement to settle investor dispute 

USA- Freshpet, a US pet-food manufacturer, has ended a dispute with one of its largest shareholders Jana Partners following a cooperation settlement in which Freshpet appointed the activist investor’s director nominee to the board. Timothy McLevish is the investor appointed to Freshpet’s board as part of the agreement.  In June, Jana Partners filed a lawsuit alleging the pet-food company breached…

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Jana Partners files lawsuit against Freshpet over breached fiduciary responsibilities

USA- Activist investor Jana Partners’s fire on New Jersey-based Freshpet intensifies as it files a lawsuit alleging the pet-food company breached its fiduciary duties. The investor recently blasted Freshpet over governance changes that could impact the investor’s ability to secure board seats, and has now turned that complaint into a legal undertaking, filing a lawsuit in the Court of Chancery…

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