The company has effectively accepted only two of three of the committee's director nominees and thereby violated Korean law.
More Quotes from Warren Lichtenstein:
We believe such a decision, without justifiable reason, infringes our statutory right to submit shareholder proposals.Warren Lichtenstein
We made our commitment to KTG because we are confident in the strong potential of this company. If the CEO is not willing to consider our proposals as investors, we have no choice but to continue to seek election of our nominees.
Warren Lichtenstein
The company's ability to designate the number of directors up for election ... disenfranchises shareholders.
Warren Lichtenstein
You have flatly refused to listen to any of the proposals that we have made.
Warren Lichtenstein
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