On November 15, 2018, Bandera Partners LLC delivered a letter to Luby's, Inc. nominating 6 individuals: Jefferson Gramm, Timothy Brog, William Gramm, Stacy Hock, Savneet Singh, and Brian K. Wright for election to the Board at the Company's 2019 annual meeting of stockholders. Bandera Partners stated that it has nominated the nominees based on its view that changes are needed to the Board in order to maximize stockholder value. Bandera Partners also stated that it remains hopeful of constructive engagement with the Company’s Board.