Primo Water Corp., activist investor settle legal dispute over board election

Legion Partners Asset Management had accused the company of blocking two of its nominations for seats on the board of directors.

By Brian Hartz
| 12:45 p.m. April 17, 2023

Tampa Bay-Lakeland

Primo Water Corp. (NYSE: PRMW), a publicly traded company headquartered in Tampa that specializes in bottled water products and services, has settled a lawsuit filed in Ontario — the company’s shares are also traded on the Toronto Stock Exchange — by one of its investors, Los Angeles-based Legion Partners Asset Management LLC.