JAT Capital Seeks Transparency From Bed Bath & Beyond Board:CNBC

Investment firm JAT Capital sent a letter to the board of the new Bed Bath & Beyond on Friday saying it has refused to answer questions from shareholders and is engaging in “poor behavior,” CNBC reports, citing the letter from JAT’s founder John Thaler.

• Thaler says JAT has attempted to engage with the Board of Directors in recent months
• JAT questioned why ex-CEO Johnson’s board seat was removed after his ouster and said it was an attempt to weaken “shareholders ability to have a say”
• JAT owns a 9.6% stake in the company
• Bed Bath & Beyond didn’t ...