NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Seaboard Corporation (“Seaboard”) (NYSE: SEB). KSF is investigating whether Seaboard’s board of directors and its controlling stockholder, Ellen Bresky, breached their fiduciary duties to Seaboard and its minority stockholders in connection with Seaboard’s October 2023 repurchase of approximately 189,000 shares of Seaboard stock from Ellen Bresky and her affiliates for $600 million in cash (the “Repurchase”). KSF is investigating whether the Repurchase was fair to Seaboard and its minority stockholders.
If you hold shares of Seaboard stock (NYSE: SEB), we urge you to contact KSF to discuss your legal rights, without obligation or cost to you, by calling KSF toll-free at 1-833-938-0905, or by e-mailing KSF Managing Partner, Lewis Kahn, at lewis.kahn@ksfcounsel.com.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana and New Jersey.
To learn more about KSF, you may visit ksfcounsel.com.
