Bradley L. Radoff Comments on the Costly, Desperate and Baseless Litigation Initiated by Rocky Mountain Chocolate Factory''s Toxic Board of Directors
Finds it Alarming That Independent Directors Gabriel Arreaga , Mark Riegel , and Sandra Elizabeth Taylor Blindly Follow Self-Interested Chair Jeffrey R. Geygan – Who Has an Irrelevant Background Running a Seemingly Lackluster Money Management Firm Bradley L. Radoff, who owns approximately 9.9% of the outstanding shares of Rocky Mountain Chocolate Factory, Inc. (NASDAQ: RMCF ) ("Rocky Mountain" or the "Company") making him the Company''s largest stockholder, today issued the following statement regarding the decision by the Company''s Board of Directors (the "Board") to initiate litigation against himself, Andrew T. Berger, AB Value Partners LP, AB Value Management LLC and former director candidate Mary Bradley: "I believe the Geygan-dominated Board''s decision to initiate what appears to be costly, desperate and baseless litigation against us is just the latest instance of Rocky Mountain''s directors abusing stockholders and disregarding the tenets of sound corporate governance. It seems the only person who benefits from the Board''s decision is Chair Jeffrey R.
Bradley L. Radoff Comments on the Costly, Desperate and Baseless Litigation Initiated by Rocky Mountain Chocolate Factory''s Toxic Board of Directors
Finds it Alarming That Independent Directors Gabriel Arreaga , Mark Riegel , and Sandra Elizabeth Taylor Blindly Follow Self-Interested Chair Jeffrey R. Geygan – Who Has an Irrelevant Background Running a Seemingly Lackluster Money Management Firm Bradley L. Radoff, who owns approximately 9.9% of the outstanding shares of Rocky Mountain Chocolate Factory, Inc. (NASDAQ: RMCF ) ("Rocky Mountain" or the "Company") making him the Company''s largest stockholder, today issued the following statement regarding the decision by the Company''s Board of Directors (the "Board") to initiate litigation against himself, Andrew T. Berger, AB Value Partners LP, AB Value Management LLC and former director candidate Mary Bradley: "I believe the Geygan-dominated Board''s decision to initiate what appears to be costly, desperate and baseless litigation against us is just the latest instance of Rocky Mountain''s directors abusing stockholders and disregarding the tenets of sound corporate governance. It seems the only person who benefits from the Board''s decision is Chair Jeffrey R.