Buxton helmsley nominates four highly qualified directors to fossil group board to help end years of shareholder suffering
Sees board and management as having failed shareholders while overseeing precipitous decline in stock price and failing to take most basic steps to restore market confidence; fosl shares have lost 97% of value since ceo kosta kartsotis was named chairman of the board yet no directors or executive officers have purchased any shares of stock on open market in last three years fossil cfo sunil doshi inappropriately answered or altogether refused to answer basic accounting-related due diligence questions over financial statements bearing his signature believes without meaningful board and management change, fossil shareholders face imminent irreparable harm new york , feb. 20, 2024 /prnewswire/ -- the buxton helmsley group, inc. (together with certain of its affiliates, "bhg" or "we"), which has an approximate 1.4% interest in fossil group, inc. ("fossil" or the "company") (nasdaq: fosl), today announced its intention to nominate four highly qualified director candidates to the fossil board of directors (the "board") at the company's 2024 annual meeting of shareholders. alexander parker, senior managing director at bhg, said, "fossil is a beloved brand that has delighted millions of customers for years.
FOSL Ratings Summary
FOSL Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission