Lifeway opposes dissident director nominees citing ethical concerns

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Lifeway Issues Letter to Shareholders Regarding Dissident Director Nominees, Revealing Disqualifying Track Records and Ethical Failures

December 2, 2025 11:38 AM EST

Highly concerning nominee backgrounds underscore questionable judgement by Edward Smolyansky and George Sent, Managing Director of Cascadia Capital

Edward and Ludmila Smolyanskys personal liquidity needs may be behind their demands for a quick sale of Lifeway at any price

MORTON GROVE, Ill., Dec. 02, 2025 (GLOBE NEWSWIRE) -- Lifeway Foods, Inc. (NASDAQ: LWAY) (Lifeway or the Company), a leading U.S. supplier of kefir and fermented probiotic products, today issued the following statement in response to Edward Smolyanskys (the Dissident) intent to nominate George Sent, Managing Director... More