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Stock impact report

AIM ImmunoTech Issues Presentation Detailing Why Shareholders Should NOT Elect Activist Group's Nominees to the Board [Yahoo! Finance]

AIM ImmunoTech Inc. (AIM) 
Company Research Source: Yahoo! Finance
disregard for shareholder concerns' (Source: Former pharma executives sue over firings, Modern Healthcare, June 18, 2018). Additionally, Chioini has agreed to have AIM shareholders repay him and other individuals more than $5 million in litigation expenses for a failed Board takeover attempt in 2023, without letting shareholders vote directly on this reimbursement (Source: Definitive Proxy Statement filed by the Activist Group with the SEC on November 6, 2024). Deutsch has a checkered past related to the Galleon Group, a hedge fund at the center of an insider trading scandal in 2009, where he worked with Franz Tudor, a prior member of the Activist Group who pled guilty to conspiracy to commit securities fraud (Source: Jorgl v. AIM ImmunoTech Inc. et al., 2022 WL 16543834, at *3). Deutsch also employed Tudor to do 'back office' tasks, despite Tudor's questionable history (Source: December 28, 2023, Opinion of the Delaware Court of Chancery). AIM has raised concerns about Kellner's Show less Read more
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