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Stock impact report

Aurinia Pharmaceuticals Shareholder Urges Fellow Shareholders to Withhold Support for CEO Peter Greenleaf [Yahoo! Finance]

Aurinia Pharmaceuticals Inc - Common Shares (AUPH) 
Last aurinia pharmaceuticals inc - common shares earnings: 3/5 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.auriniapharma.com
Company Research Source: Yahoo! Finance
GENEVA, June 03, 2024 BUSINESS WIRE )--Lucien Selce, who owns approximately 2.2% of the outstanding shares of Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) ("Aurinia" or the "Company"), today issued the following letter to Aurinia shareholders: June 3, 2024 Fellow Shareholders, Ahead of Aurinia's June 14 Annual General Meeting ("AGM"), I am writing to share my concerns regarding the Board of Directors' (the "Board") anti-shareholder actions and CEO Peter Greenleaf's outsized influence over the current directors. Aurinia's Board has maneuvered to entrench and further enrich itself at the expense of shareholders. I believe that the date of the AGM was voluntarily delayed compared to last year. This appears to have been done to allow vesting of a batch of options and restricted share units ("RSUs") before the AGM. These options and RSUs would have been lost if the AGM was held on an earlier date and if the current directors were not reelected. Also, I find it highly suspicious t Show less Read more
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