Public

Bowl America has reached an agreement with its investors to settle claims related to a misleading proxy statement filed for the merger with Bowlero.

Bowl America Inc

Disbursement

Mismanagement

Misleading Statements

Omissions

Directors

Management

Bowl America (BWL-A) Investor Settlement 

bowlamerica-investor-settlement

Stocks

Long

Bowl America Incorporated, together with its subsidiaries, operates bowling centers in the United States. Its bowling centers offer bowling lanes and other facilities; food and beverages, game rooms, rental lockers, and meeting room facilities; free bowling balls; and shoes for rental, as well as retail bowling accessories. As of September 1, 2020, the company operated 17 bowling centers, including 9 bowling centers in Washington, D.C.; one bowling center in Baltimore, Maryland; three bowling centers in Jacksonville, Florida; and four bowling centers in Richmond, Virginia. Bowl America Incorporated was founded in 1958 and is headquartered in Springfield, Virginia. As of August 16, 2021, Bowl America Incorporated operates as a subsidiary of Bowlero Corp.