A major proxy advisory firm has thrown its support behind Bergeron in the ongoing corporate battle at Ethan Allen, signaling a potential shift in momentum. Glass Lewis, known for influencing shareholder votes, has recommended backing Bergeron’s position amid the dispute over the furniture company’s future direction. The move comes as activists and management clash over strategy, with Bergeron’s camp seeking greater influence in restructuring efforts. Shareholders will now weigh the firm’s endorsement as they prepare to vote on key proposals.
Proxy advisory firm Glass Lewis backs Bergeron in Ethan Allen fight Reuters