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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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March 31, 2015
11:04 EDTECTEEcho Therapeutics files to delay Form 10-K
Due to the departure of senior management, and the resignation of the company's auditors in December 2014, and the hiring of a new CEO and CFO in late December 2014, an immediate and necessary corporate relocation from Philadelphia, a rehiring of critical research personnel in Massachusetts as well as sourcing and hiring of new auditors in February 2015, the company will be unable to finalize and file its annual report on Form 10-K by March 31 without unreasonable effort or expense. The company intends to file such report no later than fifteen days after its original prescribed due date.

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