{"id":66395,"date":"2018-10-28T00:54:02","date_gmt":"2018-10-28T04:54:02","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=66395"},"modified":"2018-10-30T01:08:26","modified_gmt":"2018-10-30T05:08:26","slug":"third-point-sues-campbell-soup-accuses-it-of-misleading-investors","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2018\/third-point-sues-campbell-soup-accuses-it-of-misleading-investors.html","title":{"rendered":"Third Point Sues Campbell Soup, Accuses it of Misleading Investors"},"content":{"rendered":"<p>(Reuters) Activist investor Third Point LLC sued Campbell Soup Co (CPB.N) on Thursday, alleging the soup and snack maker\u2019s board misled investors about the competence of its directors and the way it carried out a recently completed strategic review.The lawsuit is the latest move in a bitter proxy contest in which billionaire investor Dan Loeb and his Third Point hedge fund wants to replace Campbell\u2019s 12-member board so it can appoint its own directors and try to revitalize the company\u2019s growth. \u201cWe are vigorously contesting the Third Point lawsuit.&#8221;<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-campbell-soup-lawsuit-third-point\/third-point-sues-campbell-soup-accuses-it-of-misleading-investors-idUSKCN1MZ2WP\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Activist investor Third Point LLC sued Campbell Soup Co (CPB.N) on Thursday, alleging the soup and snack maker\u2019s board misled investors about the competence of its directors and the way it carried out a recently completed strategic review.The lawsuit [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-66395","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=66395"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66395\/revisions"}],"predecessor-version":[{"id":66396,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66395\/revisions\/66396"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=66395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=66395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=66395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}