Weber Inc., an outdoor cooking products manufacturer and distributor, was sued Tuesday in Delaware Court of Chancery. The lawsuit, brought by Andrews & Springer and Wohl & Fruchter on behalf of Jonathan D. Abbott, seeks to inspect certain corporate books and records for potential mismanagement and breaches of fiduciary duty in connection with the proposed acquisition of Weber by its controlling stockholder and investment banker, Byron D. Trott, through his investment firm, BDT Capital Partners and its affiliates. Counsel have not yet appeared for the defendant. The case is 2023-0047, Jonathan D. Abbott v. Weber Inc.
Investment Firms
January 18, 2023, 9:54 AM