Moloney

Alden Global Capital, LLC Announces that Affiliate Will Be Filing Proxy Materials to Commence a “Vote No” Campaign Against Two Directors at Lee’s Upcoming 2022 Annual Meeting

Retrieved on: 
Tuesday, February 15, 2022

Our affiliate will therefore be filing proxy materials for a "Vote No" campaign to compel the resignations of Board members who are prioritizing their own interests over what is best for the company.

Key Points: 
  • Our affiliate will therefore be filing proxy materials for a "Vote No" campaign to compel the resignations of Board members who are prioritizing their own interests over what is best for the company.
  • The Companys director resignation policy therefore allows stockholders to compel the resignations of Directors Junck and Moloney for failing to serve shareholder interests.
  • IN ADDITION, THE PARTICIPANTS IN THIS PROXY SOLICITATION WILL PROVIDE COPIES OF THE PROXY STATEMENT WITHOUT CHARGE, WHEN AVAILABLE, UPON REQUEST.
  • Mr. Freeman, as the President of Alden, may be deemed the beneficial owner of the 371,117 shares of Common Stock owned directly by Opportunities.