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News Breaks
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February 6, 2012
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| 08:39 EDT |  | JAX |
| theflyonthewall.com: | J. Alexander's confirms receipt of director nominations from Privet Fund | | J. Alexander’s Corporation acknowledged that Privet Fund LP, which as part of a group has disclosed beneficial ownership of approximately 12.6% of the outstanding shares of the Company’s common stock, submitted to the Company a notice of nomination of four director candidates for election to the Company’s Board of Directors at the Company's 2012 Annual Meeting of Shareholders. If Privet does solicit votes for these four individuals, it would constitute a move to replace the entire board, which consists of four seats. :theflyonthewall.com |
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May 15, 2012
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| 08:23 EDT | | JAX |
| theflyonthewall.com: | Privet Fund sends letter to J. Alexander's over executive compensation | | Privet Fund, owner of 9.5% of J. Alexander's outstanding shares, disclosed that it delivered a letter to the company's CFO and Secretary, R. Gregory Lewis, to be delivered to the independent directors of the company. In the letter, Privet Fund said it expressed their concerns regarding a discrepancy in the disclosure of executive compensation as filed in an amendment to the company’s Form 10-K on April 30. Privet also voiced their concerns regarding the effectiveness of the company’s disclosure controls and procedures. :theflyonthewall.com |
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