1. Hedge Fund Marcato Sues Deckers in Delaware Over Meeting Date

    Hedge Fund Marcato Sues Deckers in Delaware Over Meeting Date

    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...

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    1. The Director Defendants also have unlawfully deferred the 2017 Annual Meeting until December 14, 2017, more than 15 months since the Company's last annual meeting held on September 12, 2016.
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