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Stock Market & Financial Investment News

News Breaks
March 26, 2014
17:35 EDTRWCRelm Wireless announces settlement agreement with Privet Fund
RELM Wireless announced that, after discussions with representatives of Privet Fund, the company and Privet Fund have entered into a settlement agreement regarding the membership and composition of the board of the company. Pursuant to the settlement agreement the company has appointed James Henderson to serve as a director of the company and nominated Henderson, along with all of the other seven incumbent directors, for election at its 2014 Annual Meeting of Stockholders to be held on May 21. Henderson was also appointed to the Nominating and Governance Committee of the board. Henderson has served as chairman and interim CEO of School Specialty since July, 2013.
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