trending Market Intelligence /marketintelligence/en/news-insights/trending/lv8bxthhgtpchsg8zfoe1g2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Harvest Capital blasts Green Dot board appointments

Early Q4'19 Results Point To 6 Million-Plus Multichannel Subscriber Drop In 2019

IFRS 9: Time is Running Out for Insurance Companies to Comply

5 Quant Research Traps to Avoid

S&P Global Market Intelligence

Wind Power by the Numbers: U.S., Canada and Mexico

Harvest Capital blasts Green Dot board appointments

HarvestCapital Strategies LLC is expressing disappointment over 's three newappointments to itsboard, saying the unilateral appointments without a shareholder vote in themidst of a proxy contest are a violation of the board's fiduciary duty.

The board's expansion was purposefully done to reduce the influenceof potential new directors who may be elected by shareholders at the 2016annual meeting, Harvest Capital said in an April 13 news release. The activistinvestor noted that its three nominees to Green Dot's board would now comprise threeout of 10 directors, rather than three out of eight.

The actions taken by Green Dot's board are an attempt tofurther entrench itself and management, while disenfranchising the company'sshareholders, Harvest Capital said.

Harvest Capital is a subsidiary of .