On May 2, 2024, Blackwells Capital LLC announced that it has sent a letter to representatives of Braemar Hotels & Resorts, Inc. demanding that the board of directors of the Company immediately investigate potential breaches of fiduciary duty and/or other wrongdoing, including potential violations of the federal securities laws, by members of the Board and senior management with respect to mismanagement or self-dealing in connection with the various contracts entered into with Ashford Inc. and its affiliates; the fees resulting from these contracts; and the Related Party Transactions Committee?s review and approval of such related-party transactions with Ashford and its affiliates. Blackwells added that it has sent a second letter dated May 2, 2024 to representatives of the Company demanding that the Board immediately investigate Monty Bennett?s improper actions and the potential breaches of fiduciary duty and/or other wrongdoings related to The Dallas Express.
Real-time Estimate
Other stock markets
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5-day change | 1st Jan Change | ||
2.725 USD | -1.98% | +1.87% | +8.80% |
EPS Revisions
1st Jan change | Capi. | |
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+8.80% | 184M | |
-11.14% | 29.52B | |
-7.11% | 12.9B | |
-10.29% | 12.12B | |
-4.97% | 6.2B | |
-13.78% | 3.51B | |
+3.79% | 3.38B | |
-9.60% | 2.53B | |
-5.79% | 2.49B | |
+14.45% | 2.38B |
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- Blackwells Capital LLC Issues Letter to Braemar Hotels & Resorts