Brief: Viex Capital Advisors Believes Significant Changes To Immersion's Board May Be Necessary To Improve Shareholder Returns

Immersion

19/11/2019 21:18

Nov 19 (Reuters) - Immersion Corp  IMMR.O :
    * VIEX CAPITAL ADVISORS -BELIEVES THAT IT HAS BECOME CLEAR
THAT
SIGNIFICANT CHANGES TO IMMERSION'S BOARD MAY BE NECESSARY TO
IMPROVE SHAREHOLDER RETURNS
    * VIEX CAPITAL ADVISORS  SAYS IMMERSION CORP HAS NOT YET
SATISFIED
SERIES ONE’S BOOKS AND RECORDS DEMAND REGARDING BOARD
APPOINTMENTS
    * VIEX CAPITAL ADVISORS SAYS AGAIN REQUEST FOR IMMERSION
CORP TO
COMPLY WITH BOOKS AND RECORDS REQUEST - SEC FILING
    * VIEX CAPITAL ADVISORS INCREASES SHARE STAKE IN IMMERSION
CORP TO
11.8% AS OF NOVEMBER 15 FROM A STAKE OF 11.3% AS OF AUGUST 16

Source text: (http://bit.ly/2KBr9ax)
Further company coverage:  IMMR.O 

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