Recent client, industry and company news and events

Owens Realty Mortgage, Inc. Announces Repurchase and Settlement Agreement with Freestone Capital Management

WALNUT CREEK, Calif., Jan. 3, 2018 /PRNewswire/ — Owens Realty Mortgage, Inc. (NYSE American: ORM) (the “Company”) today announced that it has entered into an agreement with Freestone Capital Management, LLC and certain of its affiliates (collectively, “Freestone”) to repurchase the 810,937 shares of the Company’s common stock beneficially owned by Freestone.  The Company agreed to repurchase…

Continue reading

InvestorCom content divider bar graphic

Hudson Global Announces Plan for Strategic Divestitures; Will Focus on Global RPO Business

NEW YORK, Dec. 17, 2017 (GLOBE NEWSWIRE) — Hudson Global, Inc. (HSON) (“Hudson”), a leading global talent solutions company, today announced it has entered into definitive purchase agreements to sell its recruitment and talent management operations in Europe and Asia Pacific to strategic buyers in three transactions. Hudson intends to focus on its growing, global…

Continue reading

InvestorCom content divider bar graphic

Bulldog Investors’ Nominees Elected as Directors of Brookfield DTLA Fund Office Trust

SADDLE BROOK, N.J. – December 13, 2017 – Bulldog Investors, LLC (“Bulldog”), an SEC-registered investment advisor and the holder of approximately 400,000 shares of the 7.625% Series A Cumulative Redeemable Preferred Stock of Brookfield DTLA Fund Office Trust Investor Inc. (NYSE: “DTLA-”) today announced that on December 11, 2017 its two nominees, Phillip Goldstein and…

Continue reading

InvestorCom content divider bar graphic

Freestone Capital Management Comments On Owens Realty Mortgage Annual Meeting Results

Highlights That ORM’s Board Nominee, Gary C. Wallace, Received Support of Less Than 50% of Outstanding SharesQuestions Why Holders of Approximately 67% Of Outstanding Shares Failed to Support Gary WallaceFreestone Believes that Liquidation of ORM is Best Way to Maximize Value for Stockholders SEATTLE, June 22, 2017 /PRNewswire/ — Freestone Capital Management, LLC, together with…

Continue reading

InvestorCom content divider bar graphic

SITO Mobile Announces Changes to Board and Management Team

Shareholders Resoundingly Support the Proposals Made in the Consent Solicitation StatementBrent Rosenthal Remains on Board and will be joined by Five New Independent DirectorsThomas J. Pallack Appointed as Interim Chief Executive Officer JERSEY CITY, N.J., June 05, 2017 (GLOBE NEWSWIRE) — SITO Mobile, Ltd. (NASDAQ:SITO), a leading mobile engagement platform (“SITO” or the “Company”), today…

Continue reading

InvestorCom content divider bar graphic

Surge Components Reaches Agreement with Investors Bradley Rexroad and Michael Tofias

Announces Tender Offer to Repurchase at Least Five Million Shares at $1.43 per ShareWill Appoint New Independent Director December 22, 2016 09:00 AM Eastern Standard Time DEER PARK, N.Y.–(BUSINESS WIRE)–Surge Components, Inc. (“Surge” or the “Company”) (OTC Pink: SPRS), a leading supplier of capacitors, discrete semi-conductors and audible and sounding devices, today announced it has…

Continue reading

InvestorCom content divider bar graphic

Edgewater Technology and Ancora Advisors Announce Results of Consent Solicitation

Wakefield, MA and Cleveland, OH – February 23, 2017 – Edgewater Technology, Inc. (“Edgewater” or the “Company”) (NASDAQ: EDGW) and Ancora Advisors, LLC (together with its affiliates, “Ancora”), a 9.2% stockholder of Edgewater, announced today that the Company has received consents from the holders of a majority of its common stock in respect of Ancora’s…

Continue reading

InvestorCom content divider bar graphic

Ecology and Environment, Inc. Reports Higher Earnings In Third Quarter and First Nine Months of Fiscal Year 2017

LANCASTER, N.Y., June 14, 2017 – Ecology and Environment, Inc., (“E & E” or the “Company”) (NASDAQ: EEI) reported earnings of $0.19 per share for the nine months ended April 29, 2017, an increase of 138% from earnings of $0.08 per share reported for the same period of the prior year. A significantly reduced effective…

Continue reading

InvestorCom content divider bar graphic

Virtus Total Return Fund Stockholders Approve Bulldog Investors’ Proposal to Liquidate

SADDLE BROOK, N.J. — June 6, 2016 – Bulldog Investors, LLC (“Bulldog”) announced today that, based on preliminary estimates, stockholders of Virtus Total Return Fund (NYSE: DCA) have voted in favor of Bulldog’s proposal to liquidate DCA at its annual meeting held on Thursday, June 2nd. Phillip Goldstein, a principal of Bulldog, commented: “We are…

Continue reading

InvestorCom content divider bar graphic

Lone Star Value Nominates Five Candidates for Election to Board of Dakota Plains

Lone Star Value Management, LLC (together with its affiliates, “Lone Star Value”, “we” or “us”), the largest stockholder of Dakota Plains Holdings, Inc. (“Dakota Plains” or the “Company”) (NYSE MKT: DAKP), with ownership of approximately 11.0% of the Company’s outstanding shares, announced today that it has formally nominated five candidates for election to the Company’s board of directors (the “Board”) at the Company’s upcoming 2016 annual meeting of stockholders (the “2016 Annual Meeting”).

Read the full news story on PR Newswire.

InvestorCom content divider bar graphic

Leading Independent Proxy Advisory Firm Recommends For Bulldog Investors in Proxy Contest for Hill International

Read the full news story on Bulldog Investors

InvestorCom content divider bar graphic

JCP Investment Management Issues Open Letter to Casella Board

Read the full news story on Morningstar.com

InvestorCom content divider bar graphic