Gornitzky is representing minority shareholders in Eden Teva Market lawsuit against Alon

July 20th, 2015 Back to all news

Gornitzky is representing minority shareholders in “Eden Teva Market” (including Mr. Guy Provisor, founder and former C.E.O) in a lawsuit against Alon Blue Square (NYSE: BSI & TASE: BSI) and its subsidiary Mega Retail. Minority shareholders attribute responsibility for Eden Teva Market’s significant losses (and current suspension of proceedings) to the misconduct of controlling shareholder (Mega) and its parent company (and former controlling shareholder of Eden Teva Market) – Alon, and seek to compel Alon and Mega to purchase minority shareholders’ shares in Eden Teva Market for corresponding value of 77,000,000 NIS.

 

Eden Teva Market is Israel’s largest chain of organic-food supermarkets.

 

Minority shareholders and Mr. Provisor are represented by Ofer Tzur (Partner), Kfir Yadgar (Partner) and Maayan Melamed.