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DATATRAK Calls on Arosa Investment Management to Stop Damaging Important Company Relations
DATATRAK Calls on Arosa Investment Management to Stop Damaging Important Company Relations.
About this update from Datatrak International, Inc.
[{"type":"text","content":"\n\n\n\nDATATRAK Calls on Arosa Investment Management to Stop Damaging Important Company Relations\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nDATATRAK Calls on Arosa Investment Management to Stop Damaging Important Company Relations\nShareholders should not be fooled by Arosa's weak, misleading and indirect \"denial\" with respect to their nominees' involvement in a smear campaign against the Company\nArosa's indirect \"denial\" fits pattern of unethical behavior that calls into question its nominees' suitability to sit on the board of any public company\nEmployees and customers express worry of Arosa's possible election to Board of Directors, appalled at actions carried out by Alex Tabatabai\nPR Newswire\nCLEVELAND, Jan. 6, 2016\n\n\n\nCLEVELAND, Jan. 6, 2016 /PRNewswire/ -- DATATRAK International, Inc. (OTCQX: DTRK), the leader in developing cloud-based, unified dClinical™ technologies and delivering related services for the clinical trials industry, today called upon Arosa Investment Management to halt its continued egregious and harmful activity relating to DATATRAK.\n\nLaurence Birch, the Company's President and CEO said, \"Shortly before Arosa began its damaging proxy campaign, we asked Alex Tabatabai of Arosa whether he had any interest in serving on our board or in recommending anyone to serve on the board of DATATRAK.  Unfortunately, rather than productively discussing his interest in our company, Mr.Tabatabai purposely misled us by indicating that not only was he happy with management and the board, but that he also had no interest in serving on the DATATRAK board. His latest indirect denial of unethical behavior during a proxy contest he initiated after purposely misleading the Company is just another example of a pattern of unethical behavior by Arosa / Mr.Tabatabai.  Based on Arosa's ongoing malicious conduct in the proxy contest, the Company finds it hard to comprehend how shareholders can trust that Arosa will change its stripes and suddenly work productively and with integrity if elected.  Their malicious and inflammatory be...