Reuters logo
BRIEF-Viex Opportunities Fund Lp delivered letter to immersion nominating Michael Bartholomeusz, Anurag Gupta and Daniel Mccurdy for election to board
December 28, 2016 / 2:44 PM / a year ago

BRIEF-Viex Opportunities Fund Lp delivered letter to immersion nominating Michael Bartholomeusz, Anurag Gupta and Daniel Mccurdy for election to board

Dec 28 (Reuters) - Immersion Corp :

* Viex Opportunities Fund LP series one-letter also included stockholder proposal requesting board take necessary steps to declassify board so that all directors elected on annual basis

* Viex Opportunities Fund LP series one-representatives have engaged, intend to continue to engage, in discussions with immersion board relating to composition of board

* Viex Opportunities Fund LP series one-on dec 27, delivered letter to immersion nominating Michael Bartholomeusz, Anurag Gupta and Daniel Mccurdy for election to board

* Viex Opportunities Fund LP series one - requested immersion corp board to take steps to declassify board so all directors are elected on annual basis

* Viex Opportunities Fund LP series one says it has serious concerns with immersion corp's "sub optimal performance, weak corporate governance" Source text: (bit.ly/2iEinZ9) Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below