Robbins Arroyo LLP Is Investigating the Officers and Directors of Build-A-Bear Workshop, Inc. (BBW) on Behalf of Shareholders

SAN DIEGO & ST. LOUIS--()--Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Build-A-Bear Workshop, Inc. (NYSE: BBW) violated their legal obligations to the company and its shareholders in connection with alleged breaches of their fiduciary duties regarding Build-A-Bear's corporate governance practices. Build-A-Bear operates as a specialty retailer of plush animals and related products.

View this press release on the law firm's Shareholder Rights Blog: www.robbinsarroyo.com/shareholders-rights-blog/build-a-bear-workshop-inc

Build-A-Bear Engages in Questionable Corporate Governance Practices

On May 3, 2016, Build-A-Bear reported its first quarter results, announcing a strategic review of the company, including the option of selling. Notably, Build-A-Bear is in dispute with activist investor firm Cannell Capital LLC ("Cannell"), which has accused the company of engaging in financially unsophisticated and shareholder unfriendly actions. For example, Cannell argued that Build-A-Bear's decision to allow its Chief Executive Officer ("CEO") to approve or reject candidates for membership on the board of directors will interfere with its independence and ability to oversee the company's management and executive compensation. Cannell also took issue with the board of directors' approval of increased executive compensation, noting that Build-A-Bear rewarded its already well-paid management with unnecessarily rich employment and service agreements, including a 20% increase in pay for CEO Sharon John.

Build-A-Bear Shareholders Have Legal Options

Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Darnell R. Donahue at 800-350-6003, DDonahue@robbinsarroyo.com, or via the shareholder information form on the firm's website.

Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.

Attorney Advertising. Past results do not guarantee a similar outcome.

Contacts

Robbins Arroyo LLP
Darnell R. Donahue
619-525-3990 or Toll-Free 800-350-6003
DDonahue@robbinsarroyo.com
www.robbinsarroyo.com

Release Summary

Do you own shares of Build-A-Bear Workshop, Inc.? Robbins Arroyo LLP is investigating claims on behalf of shareholders of Build-A-Bear.

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Contacts

Robbins Arroyo LLP
Darnell R. Donahue
619-525-3990 or Toll-Free 800-350-6003
DDonahue@robbinsarroyo.com
www.robbinsarroyo.com