NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Soho House & Co. Inc. (NYSE:SHCO), the board of directors, and the controlling stockholder for potential breaches of fiduciary duty.
If you are a holder of Soho House, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/soho-house-co-inc.
Why is Soho House being Investigated?
Soho House is controlled by Ron Burkle and his affiliated companies, the Yucaipa Companies, through their collective ownership of 62.3% of the total voting power of the Company’s voting stock. Ron Burkle and his affiliated companies can therefore control the outcome of Soho House’s corporate actions that typically would require shareholder approval—including any merger transactions.
On December 19, 2024, Soho House disclosed that it had received an offer from a third-party consortium to acquire all outstanding shares of the Company …
