Lifeway Foods, Inc. announced on July 29, 2025, that Institutional Shareholder Services Inc. (ISS), a leading independent proxy advisory firm, recommended shareholders 'DO NOT VOTE' in connection with the ongoing dissident-led consent solicitation. This recommendation is a significant endorsement for Lifeway's current management.
ISS concluded in its report that 'the dissident has not presented a compelling case for change' and advised shareholders to 'DO NOT VOTE' on all proposals put forth by Ludmila and Edward Smolyansky. This outcome supports Lifeway's belief that the consent solicitation is unwarranted and disruptive.
The ISS analysis highlighted Lifeway's strong financial performance, including 22 consecutive quarters of sales growth and a 788% total shareholder return over five years. This independent validation strengthens the position of the current Board and management amidst the proxy contest.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.