Brief: Viex Capital Advisors Reports 10.3% Stake In Immersion Corp

Immersion

04/06/2019 14:22

June 4 (Reuters) - Viex Capital Advisors Llc: 
    * VIEX CAPITAL ADVISORS, LLC REPORTS 10.3% STAKE IN
IMMERSION CORP
AS OF JUNE 3, 2019 - SEC FILING
    * VIEX CAPITAL ADVISORS, LLC - BELIEVE THAT IMMERSION CORP'S
SHARES ARE MATERIALLY UNDERVALUED
    * VIEX CAPITAL ADVISORS LLC-BELIEVE THAT DIRECT STOCKHOLDER
REPRESENTATION ON IMMERSION'S BOARD OF DIRECTORS IS ESSENTIAL TO
MAXIMIZING STOCKHOLDER VALUE
    * VIEX CAPITAL ADVISORS LLC- "BELIEVE THE CURRENT BOARD DOES
NOT
HAVE THE SKILL SET NECESSARY TO APPROPRIATELY MANAGE IMMERSION
CORP"
    * VIEX CAPITAL ADVISORS LLC- HAVE VOTED AGAINST IMMERSION'S
INDEPENDENT DIRECTORS PROPOSED ON SLATE FOR UPCOMING ANNUAL
MEETING OF STOCKHOLDERS

Source: (http://bit.ly/2Wj3B26)
Further company coverage:  IMMR.O 

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