Legacy Housing Corporation (LEGH) filed a Form 8-K on October 29, 2025, detailing significant governance restructuring under Texas Business Organizations Code (TBOC) compliance, alongside management changes.
Management Change: Curtis D. Hodgson was appointed Executive Chairman of the Board. Kenneth E. Shipley stepped down as Chairman but remains a Director, also serving as Interim CEO.
Shareholder Litigation Restrictions (LEGH Bylaw Amendments 1, 2, 3): The company implemented sweeping restrictions on shareholder recourse concerning “Internal Entity Claims”:
- **Derivative Threshol