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Barchart
Barchart
Nauman Khan

Dear GameStop Stock Fans, Mark Your Calendars for July 7

GameStop FOR Ryan Cohen GME eBay Lawsuit

Once again, GameStop (GME) is making headlines. This time, a shareholder lawsuit is seeking to delay the crucial July 7 vote on CEO Ryan Cohen's massive compensation package. The court filing accuses the company of a "bait-and-switch," alleging that GameStop changed voting rules and issued a misleading proxy statement.

July 7 is the date shareholders are scheduled to vote on Cohen's pay package, which could ultimately lead to a $35 billion incentive award. However, one investor is attempting to halt that process before the vote takes place.

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