VIEX Capital’s Agreement with A10 Networks on Board Representation and Proposed Declassification

Olshan client VIEX Capital Advisors, has reached a settlement agreement with A10 Networks.

Pursuant to the agreement, A10 has appointed Tor R. Braham to its Board and agreed to submit for stockholder approval a proposal to declassify the Board at the company’s 2018 annual meeting.

A10 Networks Inc. provides computer networking products and security solutions. The company, led by Lee Chen, Rajkumar Jalan and Tom Constantino, in 2017 recorded $230 Million Revenues.

Viex Capital Advisors is an hedge fund based in New York.

Olshan advised VIEX Capital Advisors with a team including Steve Wolosky (Picture), Elizabeth Gonzalez-Sussman, and Shawn Fateh

Involved fees earner: Steve Wolosky – Olshan Frome Wolosky LLP; Elizabeth Gonzalez-Sussman – Olshan Frome Wolosky LLP; Shawn Fateh – Olshan Frome Wolosky LLP;

Law Firms: Olshan Frome Wolosky LLP;

Clients: Viex Capital Advisors, LLC;

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Author: Ambrogio Visconti