Business
Leading Independent Proxy Advisory Firms ISS & Glass Lewis AGAIN Recommend That DATATRAK's Shareholders Vote "FOR" DATATRAK's Entire Slate of Director Nominees on the WHITE Card
Leading Independent Proxy Advisory Firms ISS & Glass Lewis AGAIN Recommend That DATATRAK's Shareholders Vote "FOR" DATATRAK's Entire Slate of Director Nominees on the WHITE Card.
About this update from Datatrak International, Inc.
[{"type":"text","content":"\n\n\n\nLeading Independent Proxy Advisory Firms ISS & Glass Lewis AGAIN Recommend That DATATRAK's Shareholders Vote \"FOR\" DATATRAK's Entire Slate of Director Nominees on the WHITE Card\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.prnml40{\nMARGIN-LEFT:3.33em\n}\n\n\n\n\n\n\nLeading Independent Proxy Advisory Firms ISS & Glass Lewis AGAIN Recommend That DATATRAK's Shareholders Vote \"FOR\" DATATRAK's Entire Slate of Director Nominees on the WHITE Card\nISS again states \"dissident has not made a compelling case that change at the board level is warranted\"\nGlass Lewis again notes \"the Dissident has yet to publicly disclose any sort of detailed/comprehensive plan to improve the Company's performance\"\nDATATRAK Urges Shareholders to Follow the Lead of These Two Governance Watchdog Firms and Not Be Misled by Arosa's Continued False Assertions and Personal Attacks\nPR Newswire\nCLEVELAND, Dec. 17, 2015\n\n\n\nCLEVELAND, Dec. 17, 2015 /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 announced that both Institutional Shareholder Services Inc. (\"ISS\") and Glass, Lewis & Co., LLC (\"Glass Lewis\"), have re-reviewed the full timeline of events and all of the assertions made by each party and have RECOMMENDED FOR A SECOND TIME that the Company's shareholders vote FOR the election of DATATRAK's nominees, Laurence P. Birch, William C. Coates, and Nicholas A. Loiacono as directors on the WHITE proxy card.  ISS and Glass Lewis are the two leading independent proxy advisory firms, which have never been paid by the Company and are renowned for their critical evaluation of corporate governance practices. \n\nCommenting on the news, Laurence Birch, the Company's President and CEO said, \"Two truly independent corporate governance firms, that DATATRAK has never had a financial relationship with, have on two separate occasions loudly urged our shareholders that these short-term activists have no plan for change.&#...