LaGrange raises stake in Forward Industries to 26.4%, sends letter to board
LaGrange raised its stake in Forward Industries to 26.4% from 25.8% and filed a preliminary proxy statement with the SEC seeking written consents from the holders of the company's shares to request a special meeting of shareholders. LaGrange also delivered a letter to Forward's board expressing its disappointment with the recent actions to adopt a shareholder rights plan and certain amendments to the company's bylaws. :theflyonthewall.com
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