Alert October 16, 2012

Goodwin Procter Alert: Department of Justice’s Hart-Scott-Rodino Fine for Biglari May Signal Increased Enforcement Effort

Goodwin Procter Alert discusses the $850,000 fine assessed by the Department of Justice Antitrust Division against publicly traded Biglari Holdings, Inc. to resolve allegations by the Federal Trade Commission that Biglari acquired voting securities of Cracker Barrel Old Country Store, Inc. without filing notification under the Hart-Scott-Rodino (“H-S-R”) Act - the second significant civil penalty that DOJ has imposed within the last year for an apparent first time violation of the HSR Act’s reporting requirements.