Lawrence Karlson, Michael Silverstein and William Toler. New Jersey investment fund Campbell Soup , which is calling for change at Campbell Soup , of which it owns 2.7% , has accused the company of misleading shareholders in relation to the calibre of its directors and its strategic review. In a suit filed in New Jersey , Third Point said the firm and its directors, "breached their fiduciary duties to Third Point 's stockholders by withholding material information critical to stockholders assessing how to vote at the company's 29 November meeting". Third Point has asked the court to prevent Campbell from holding its 29 November shareholder meeting until the firm corrects information about the board.
New Jersey investment fund Campbell Soup , which is calling for change at Campbell Soup , of which it owns 2.7% , has accused the company of misleading shareholders in relation to the calibre of its directors and its strategic review. In a suit filed in New Jersey , Third Point said the firm and its directors, "breached their fiduciary duties to Third Point 's stockholders by withholding material information critical to stockholders assessing how to vote at the company's 29 November meeting". Third Point has asked the court to prevent Campbell from holding its 29 November shareholder meeting until the firm corrects information about the board.