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Leggett & Platt Inc T.LEG


Primary Symbol: LEG

Consumer Cyclical
Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.


NYSE:LEG - Post by User

Leggett & Platt Inc > Huge Conflict of Interest
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Post by Upside123on Mar 27, 2015 5:56pm
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Post# 23571179

Huge Conflict of Interest

Huge Conflict of Interest The details surrounding the back stopping of the loan to Yanko creates a huge conflict of interest. Yanko should step down as CEO and the board should start looking for another CEO. One must ask how much liability do each of the board members have should this sweet heart deal fail?  I expect lots!  
Yanko,  do the right thing and step down. Or, open up the data room to outsiders and seek out strategic options to sell LEG ASAP.  You have exceeded your time here. 
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