On April 22, 2014, the Wall Street Journal (BJ’s Restaurants, Shareholders Come to Board Agreement) and others reported on the settlement between Kleinberg Kaplan client, Luxor Capital Group, LP, together with other investors, and BJ’s Restaurants, Inc. (Nasdaq: BJRI), an owner and operator of casual dining restaurants.

On April 22, 2014, the Wall Street Journal (BJ’s Restaurants, Shareholders Come to Board Agreement) and others reported on the settlement between Kleinberg Kaplan client, Luxor Capital Group, LP, together with other investors, and BJ’s Restaurants, Inc. (Nasdaq: BJRI), an owner and operator of casual dining restaurants.

Under the agreement, BJ’s Restaurants has agreed to nominate three new independent directors at its 2014 annual meeting of shareholders, one of whom has been appointed to the Board of Directors effective immediately. As part of the agreement, BJ’s Restaurants also announced additional initiatives to enhance long-term value for shareholders, including a $50 million share repurchase authorization and a further expansion of the Company’s current non-strategic cost optimization initiative.