Retail investors in Dean Foods Co. are fretting about what the company’s recent bankruptcy filing means for them, highlighting the uncertainty that accompanies partial ownership of a firm that goes bust, Bloomberg News reported. Individual shareholders have taken to emailing the federal court overseeing the bankruptcy, fuming about executives, inquiring about legal protection and seeking representation in the case. Dean Foods' shareholders are looking to the court to appoint an official equity-holder committee. Dean Foods, which is the largest U.S. milk processor, filed for bankruptcy in November amid falling demand for dairy products. The company has said it’s in talks to sell itself to milk cooperative giant Dairy Farmers of America, but the deal could face regulatory hurdles. The case is Southern Foods Group LLC, 19-36313, U.S. Bankruptcy Court for the Southern District of Texas (Houston).
