V&E Partner Lawrence Elbaum and Counsel Sarah Fortt  By Lawrence Elbaum and Sarah Fortt Board service is big business.  The U.S. market for board seats, particularly public company board seats, is almost always a buyer’s market. Companies have access to...

By Jarrett Banks Roumell Asset Management LLC filed an amended 13D on Enzo Biochem Inc. expressing its disapproval that the company hasn’t accepted Co-Founder Elazar Rabbani’s board resignation. Enzo Biochem, Inc., founded in the 1970s, has frustrated investors with a poor operational and...

Nam Tai Property Inc.’s April 26 special meeting to consider new directors has been postponed by a Caribbean court Dissident IsZo Capital Management LP recently raised its stake to 14% Nam Tai says funding remains in flux following demand letters,...

By Jarrett Banks and John Jannarone Toshiba Corp. said a potential buyout offer from CVC Capital Partners has stalled after it received a letter this week that included no specific details. Toshiba revealed a preliminary approach from CVC in early April but the company’s board soon urged...

Georgeson Managing Director Brigid Rosati & Global Head of Corporate Governance Don Cassidy   By Brigid Rosati and Don Cassidy Investor attention to a company’s environmental, social and governance (ESG) characteristics and vulnerabilities has given rise to a new form...

Shares of ViacomCBS, Discovery fell as much as 35{d3c0a06d106967eb2d88993cd4332f06cdd575151f3b0ae3850e4f26c146a313} Friday Goldman Sachs offered very large block shares of ViacomCBS Friday afternoon – Sources Multiple prime brokers sold shares aggressively Friday afternoon Archegos typically employs high leverage on its stock positions...

Charles Gradante By John Jannarone The epic short squeeze in GameStop Corp. has become infamous as a battle between retail investors and hedge funds. But the most serious effect was – and may continue to be – a concern about settlement risk and solvency among Robinhood and other larger...

Kumho Resort Golf Club Park Chul Whan, the largest individual shareholder and a managing director, pushing to reform Kumho Petrochemical Co. Ltd.’s (ticker: 011780.KS) corporate governance and boost its value; Company is led by his uncle Looks to boost market...

V&E Counsel Sarah Fortt and Partner Margaret Peloso By Sarah Fortt and Margaret Peloso Over the past few weeks, there has been a flurry of SEC ESG-related developments.  As we predicted, the current SEC acting chair has wasted no time...

By Jarrett Banks and John Jannarone Proxy advisor Glass Lewis became the second major proxy advisor to recommend shareholders vote in favor of an investigation into allegations that investors were pressured ahead of last year’s annual general meeting. Institutional Shareholder Services Inc. (ISS)...