Wet Seal Swing into Q2 Loss, Adopts Poison Pill
Foothills Ranch, CA–Wet Seal Inc. swung to a second quarter loss Tuesday as the teen oriented retailer reported a decline in sales. The company also adopted a shareholder rights plans, or poison pills,...
View ArticleBoard Shuffle at Wet Seal Inc. at Behest of Activist Investor
Foothill Ranch, CA—Beleaguered specialty retailer Wet Seal Inc. this week terminated its shareholder rights plan and proposed to add two board members proposed by the Clinton Group, the activist...
View ArticleProxy Advisers Reject Wet Seal Activist Investor’s Board Plan
Foothill Ranch, CA—Citing reports by two leading independent proxy advisers, Wet Seal Inc. urged shareholders again Tuesday to reject efforts by Clinton Group, an activist investor in the young women’s...
View ArticleWet Seal Chairman, 3 Directors Ousted in Shareholder Battle
Foothill Ranch, CA—After weeks of battling between its board members and its third largest shareholder, Wet Seal’s board chairman and three directors were ousted and replaced Friday with four directors...
View ArticleFollowing Shake Up, Wet Seal Gets New Board Chairman
Foothill Ranch, CA—Lynda Davey, one of the new board members appointed to Wet Seal Inc. following the ouster of four board members at the urging of a major shareholder, has been named chairman of the...
View ArticleWet Seal Swing into Q2 Loss, Adopts Poison Pill
Foothills Ranch, CA–Wet Seal Inc. swung to a second quarter loss Tuesday as the teen oriented retailer reported a decline in sales. The company also adopted a shareholder rights plans, or poison pills,...
View ArticleBoard Shuffle at Wet Seal Inc. at Behest of Activist Investor
Foothill Ranch, CA—Beleaguered specialty retailer Wet Seal Inc. this week terminated its shareholder rights plan and proposed to add two board members proposed by the Clinton Group, the activist...
View ArticleProxy Advisers Reject Wet Seal Activist Investor’s Board Plan
Foothill Ranch, CA—Citing reports by two leading independent proxy advisers, Wet Seal Inc. urged shareholders again Tuesday to reject efforts by Clinton Group, an activist investor in the young women’s...
View ArticleWet Seal Chairman, 3 Directors Ousted in Shareholder Battle
Foothill Ranch, CA—After weeks of battling between its board members and its third largest shareholder, Wet Seal’s board chairman and three directors were ousted and replaced Friday with four directors...
View ArticleFollowing Shake Up, Wet Seal Gets New Board Chairman
Foothill Ranch, CA—Lynda Davey, one of the new board members appointed to Wet Seal Inc. following the ouster of four board members at the urging of a major shareholder, has been named chairman of the...
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