Acacia Research Corporation’s Proxy Contest


Olshan advised Sidus Investment Management and BLR Partners on the successfull proxi contest

Clifford Press and Alfred V. Tobia Jr. were elected to the Board by more than a 4:1 margin, stockholders voted down Acacia’s executive compensation and proposed stock incentive plan in accordance with Sidus and BLR’s recommendations.

Acacia Research Corporation through its subsidiaries, develops, acquires, and licenses patented technologies. The company, in 2017 recorded $65.4 Million Revenues.

Olshan advised Sidus Investment Management and BLR Partners with a team including Steve Wolosky (Picture) and Ryan Nebel.

Involved fees earner: Steve Wolosky – Olshan Frome Wolosky LLP; Ryan Nebel – Olshan Frome Wolosky LLP;

Law Firms: Olshan Frome Wolosky LLP;

Clients: Sidus Investment Management LLC; BLR Partners LP;

Avatar

Author: Ambrogio Visconti