Aurinia Issues Letter To Shareholders In Response To Letter From Shareholder Lucien Selce; Company Raises Concerns Surrounding Lucien Selce's Lack Of Credibility
Portfolio Pulse from Benzinga Newsdesk
Aurinia Pharmaceuticals issued a letter to shareholders addressing concerns about shareholder Lucien Selce's credibility. The company recommends shareholders review a report from proxy advisor Glass Lewis, which supports the re-election of all nine incumbent directors.
June 04, 2024 | 9:35 pm
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Aurinia Pharmaceuticals has issued a letter to shareholders raising concerns about Lucien Selce's credibility and recommends reviewing a Glass Lewis report supporting the re-election of all nine incumbent directors.
The news addresses internal corporate governance issues and recommends shareholders to support the current board. This may not have a significant immediate impact on the stock price but is important for long-term governance stability.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100