JCP States Opposition to Proposed Increase in Authorized Shares at Farmer Bros. Co.
Believes Proposed Increase is Contrary to Best Interests of Stockholders and Intends to Vote AGAINST Proposal 3 at Upcoming Annual Meeting Believes Fellow Stockholders Should Vote AGAINST Proposal 3 HOUSTON, Nov. 15, 2021 (GLOBE NEWSWIRE) -- JCP Investment Management, LLC (together with its affiliates, "JCP" or "we"), a significant stockholder of Farmer Bros. Co. ("Farmer Bros." or the "Company") (NASDAQ:FARM), with ownership of approximately 4.3% of the Company's outstanding shares, today stated its opposition to Farmer Bros.' proposal to amend its Certificate of Incorporation to increase the number of authorized shares at the Company's upcoming 2021 annual meeting of stockholders sched