Riding Dillard's | Arkansas Blog

Riding Dillard's

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Hedge funds unhappy about their investment in Dillard Department Stores are stepping up the pressure with a request to examine minutes of board and committee meetings.

Those interests include "the use of corporate assets, the levels and types of compensation, perquisites and benefits provided to directors and executive officers of the Company or related parties, the nature of any family, business or personal relationships between the company's executive officers and directors," as well as board decisions and corporate governance issues, the letter said.

Also, Arkansas Business reports, a shareholder saying "enough is enough" asks the company's board to sack current leadershp.

From the ArkTimes store

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