The investor dispute over Barnes & Noble Education recorded another round of dueling press releases. Agitating investor Bay Capital Finance, which says it currently has beneficial ownership of a modest 25,000 shares in BNED, announced its intention to file a preliminary proxy statement with the SEC to solicit votes for the five people they want to nominate for election to the retailer’s board at the upcoming annual meeting. The record date for eligibility to vote at the annual meeting is July 29. Earlier this month, Bay Capital filed suit in Delaware to put forward their board nominees, after the company […]
