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Stock Market & Financial Investment News

News Breaks
February 13, 2013
16:32 EDTIPASiPass sees Q1 revenue $28M-$32M, two estimates $31.7M
News For IPAS From The Last 14 Days
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April 16, 2015
08:32 EDTIPASiPass shareholder group sends letter to all shareholders with board nominees
A group of iPass investors, led by Maguire Asset Management, Francis Capital Management, and Foxhill Opportunity Fund, who collectively own approximately 7.7% of iPass' shares outstanding, have combined to form "iPass Shareholders for Change" and will be seeking to reconstitute the iPass board of directors at the company's upcoming 2015 Annual Meeting, expected to be held in June. iPass Shareholders for Change has issued an open letter to iPass shareholders stating that certain of its members have attempted for many years to work constructively with the board to no avail. iPass Shareholders for Change expects to file preliminary proxy materials with the SEC for the election of five new director nominees at the 2015 Annual Meeting. iPass Shareholders for Change's director nominees are Richard A. Karp, Brent S. Morrison, Damien J. Park, Norman J. Rice, III and Kenneth H. Traub.

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