Legacy Housing Sets 3% Ownership Threshold for Derivative Suits in Bylaw Update

Reuters
2025/11/04
<a href="https://laohu8.com/S/LEGH">Legacy Housing</a> Sets 3% Ownership Threshold for Derivative Suits in Bylaw Update

Legacy Housing Corporation announced amendments to its bylaws, effective October 29, 2025. The changes include requiring shareholders or groups to own at least 3% of the company's outstanding shares to bring or maintain derivative proceedings, designating specific courts in Texas as the exclusive forum for internal entity claims, and instituting a jury trial waiver for such claims.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Legacy Housing Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-105634), on November 03, 2025, and is solely responsible for the information contained therein.

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