Agreement for Board Representation and Other Changes at BJ’s Restaurants
PW Partners Atlas Funds
Represented PW Partners Atlas Funds, which, together with other investors, reached a settlement with BJ’s Restaurants, Inc. (Nasdaq: BJRI), under which BJ’s agreed to nominate three new independent directors at its 2014 annual meeting of shareholders, one of which has been appointed to the Board of Directors effective immediately. As part of the agreement, BJ’s also announced a $50 million share repurchase authorization, as well as an expansion of its previously announced cost-cutting initiative through the hiring of a consultant.