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Hedge Fund Marcato Sues Deckers in Delaware Over Meeting Date

reuters.com

Marcato Capital Management on Monday sued Deckers Outdoor Corp to force the maker of UGG boots to hold its annual meeting and approve the hedge fund’s directors in order to avoid financial penalties of more than $100 million. With the lawsuit filed in Delaware Chancery Court, the hedge fund’s highly unusual step heightens already rising tensions between the two sides...

Mentions: Management Hedge Fund Annual Meeting