Ryan Nebel Featured in "Making of the Meme King" CNBC Documentary

Vice Chair of Olshan’s Shareholder Activism Practice Group Ryan Nebel and the firm are featured in a CNBC documentary entitled “Making of the Meme King.” The documentary centers around Ryan Cohen and focuses on his activist investments at GameStop and Bed Bath & Beyond. In the documentary, Ryan Nebel is featured discussing required filings made by Ryan Cohen and that Bed Bath & Beyond board members were independent and not beholden to Ryan Cohen. The documentary explores activist investing and its impact on markets, companies and investors. Ryan Nebel outlines how the market reacts to prolific activist investors who choose to take a stake in a company in order to influence its direction. "Ryan's popularity, particularly with retail investors, created some strange phenomena that we don't see elsewhere," Ryan Nebel said (at the 39:20 mark in the documentary). This section of the film explains the after-hours jump in the stock price of Nordstrom after it was reported that Ryan Cohen had taken a sizable stake in the company.