Nathan's Famous Faces Shareholder Lawsuits Alleging Misleading Disclosures on Smithfield Merger
Nathan's Famous and its board face two shareholder lawsuits filed Sept. 30, 2026, seeking to block the Smithfield Foods merger. The New York state court suits allege misleading proxy disclosures and negligent misrepresentation, seeking unspecified damages or rescission if the merger closes. Shareholders also delivered