Blackwells Releases Presentation Exposing Monty Bennett's Buffoonery

Core Viewpoint - Blackwells Capital LLC is actively campaigning against Monty Bennett, the CEO of Braemar Hotels & Resorts Inc., accusing him of mismanagement and improper expenditures, and is seeking to recover these funds for shareholders [1][3]. Group 1: Blackwells' Campaign - Blackwells has released a presentation titled "The Buffoonery of Monty Bennett" to highlight their concerns regarding Bennett's leadership and actions [1]. - The campaign includes a call for the installation of independent directors on Braemar's board and a thorough examination of the company's external Advisory Agreement [3]. - Blackwells encourages shareholders to visit their campaign website for more information and updates [4]. Group 2: Allegations Against Monty Bennett - Jason Aintabi, Chief Investment Officer of Blackwells, criticized Bennett for allegedly orchestrating a smear campaign against Blackwells and for purchasing fake followers on social media [2]. - Blackwells claims that Bennett's actions represent a significant risk of liability and reputational harm for the current board members [3]. Group 3: Legal Proceedings - Braemar's board has rejected Blackwells' nominations for board positions, claiming non-compliance with the company's bylaws, leading to a lawsuit filed by Braemar against Blackwells [10]. - Blackwells has countered with a lawsuit alleging that Braemar improperly rejected their nomination notice and made false statements [10]. - The ongoing legal disputes have been consolidated and are currently stayed, which may impact Blackwells' ability to solicit proxies [10].