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Friedland Enterprises Discloses 5% Stake in Lulu's Fashion Lounge Holdings, Calls for Governance Reforms and Strategic Review
Globenewswire· 2026-01-12 15:07
MIAMI BEACH, Fla., Jan. 12, 2026 (GLOBE NEWSWIRE) -- Friedland Enterprises disclosed in a Schedule 13D filing with the Securities and Exchange Commission that it has acquired approximately 5% of the outstanding common stock of Lulu's Fashion Lounge Holdings, Inc. (Nasdaq: LVLU) and is calling for immediate governance reforms to unlock shareholder value. Mr. Christian Friedland, founder of Friedland Enterprises and former CEO of Build.com for 17 years, believes LVLU shares are significantly undervalued despi ...