Two shareholders sue Blue Bell for their financial losses over Listeria outbreak

Trey Branham, a Dallas lawyer specializing in shareholder rights, said the purpose of shareholder lawsuits is often to force a company to reform its practices as much as compensate the plaintiffs for avoidable losses. Marchand, for example, is asking the court to direct Blue Bell to nominate independent directors without family, employment or other ties to the company.

Read the entire article at the Houston Chronicle.