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Stock Market & Financial Investment News

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December 3, 2012
09:02 EDTOMPIVoce Capital launches proxy contest to replace Obagi Medical board
Voce Capital Management announces its intention to replace six members of the Obagi Board of Directors with independent nominees and demands that the company hold the annual meeting by February 28, 2013. In a letter today to Obagi, Voce criticized the Board for continued mismanagement of the company, its refusal to address Voces demands for corporate governance reform and its unbending hostility toward all acquisition interest.
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