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News Breaks
June 6, 2014
15:10 EDTECTEProxy firm ISS recommends Echo Therapeutics holders vote the WHITE proxy card
Echo Therapeutics announced that ISS Proxy Advisory Services, a leading independent proxy advisory firm, has recommended to its clients that Echo stockholders vote the WHITE proxy card FOR the Echo Board of Directors' director nominees at Echo's Annual Meeting of Stockholders to be held on June 19. As previously announced, the Platinum Group, a dissident stockholder group led by Platinum Management, is pursuing a proxy contest to elect Shepard M. Goldberg to the Echo Board at Echo's 2014 Annual Meeting in opposition to our highly qualified and very experienced director and Interim CEO, Robert F. Doman. With ISS and Glass Lewis making the same recommendation, both of the leading proxy advisory firms have now advised Echo's stockholders to support the Echo Board's nominees and reject the Platinum Group's nominee, Shepard Goldberg.
News For ECTE From The Last 14 Days
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September 29, 2014
15:52 EDTECTEEcho Therapeutics holder calls for special meeting, seeks board member removal
Platinum Management, the largest stockholder of Echo Therapeutics, together with its affiliates owning approximately 30% of Echo's outstanding common stock on a fully converted basis, announced that it intends to file the documents required to demand a special meeting of stockholders of Echo to remove, for cause, directors William Grieco, Vincent Enright and James Smith. Platinum is not seeking control of the board.
September 24, 2014
17:34 EDTECTEEcho cut 70% of workforce, may see added cost from job cuts, bankruptcy possible
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09:28 EDTECTEPlatinum Management say financing deal for Echo Therapeutics negotiated
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September 23, 2014
19:34 EDTECTEEcho Therapeutics down 47% after hours following suspension of operations
18:42 EDTECTEEcho Therapeutics suspends operations to conserve liquidity
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September 21, 2014
13:26 EDTECTEEcho Therapeutics to host business news update conference call
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September 18, 2014
14:57 EDTECTEEcho Therapeutics Chief Compliance Officer Kimberly Burke to resign
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12:44 EDTECTEEcho Therapeutics trading halted, pending news
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September 17, 2014
17:11 EDTECTEEcho Therapeutics seeks return of $5M investment in Echo Therapeutics
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