FREEHOLD, N.J. -- Foodarama Supermarkets here said it is looking to return to annual elections of all its board members, a move the company said it was taking as part of a tentative agreement that would settle a shareholder lawsuit. poration that would rescind last year's shareholder-approved switch to a system in which directors served staggered five-year terms, with one-fifth of the board coming up for election each year. Currently, the Foodarama board has five directors. Also as part of ...
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