The Business Litigation Blog

Cabela's Facing Shareholder Lawsuit

Four class action lawsuits have been filed by Cabela's shareholders against Cabela's in the month of June. the've all been filed in the U.S. District Court in Delaware, the state in which Cabela's is incorporated. The lawsuits were filed in response to a Cabela's shareholder meeting to approve the sale of Cabela's to Bass Pro Shops. The allegations include Cabela's making "incompplete and materially misleading" statements to investors and that their financial advisor has conflicts of interest. Cabela's intends to defend the litigation vigorously. 

If you have a shareholder dispute get in touch with Thomas E. Patterson at tpatterson@pattersonlawfirm.com or (312)-223-1699. 

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