US menhaden processor Omega Protein addressed its stockholders on Monday in response to recent statements by long-term stakeholder Wynnefield Capital, which has 7.9 percent ownership interest.
Wynnefield filed a recent lawsuit which Omega called "a costly and distracting proxy contest to disrupt [the company's] progress and drastically change course. That stockholder is making misleading statements in an effort to elect a nominee to the board."
Omega asked its stockholders to vote for its director nominees on Monday. Its letter also details the company's performance under the new management.
The
