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Biglari Holdings Urges Shareholders to Protect Their Investment from Groveland

SAN ANTONIO---- Biglari Holdings Inc. today released an open letter to shareholders regarding the Company' s 2015 Annual Meeting of Shareholders, to be held April 9, 2015. A small hedge fund, Groveland Capital LLC, which has disclosed a diminutive ownership stake in the Company of approximately 0.167%, is attempting to replace the entire Board of Directors of...
Source: Business Wire
Investors may pursue U.S. lawsuit over Stanford fraud

*U.S. Supreme Court allowed lawsuit to go forward. District Judge David Godbey in Dallas said on Wednesday the roughly 18,000 investors could pursue claims that Chadbourne& Parke and Proskauer Rose knew Stanford was selling fraudulent high-yielding certificates of deposit through his Antigua- based Stanford International Bank, and helped him obstruct a...
Source: Reuters | By: Jonathan Stempel