Texas Pacific Land Trust Responds to Dissident Group’s Actions
Texas Pacific Land Corporation (TPL)
Last texas pacific land corporation earnings: 4/30 04:30 pm
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tpltrust.com
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Source: Business Wire
Disputes Validity of Mr. Oliver’s “Meeting” and Purported Self-Election DALLAS--(BUSINESS WIRE)-- On May 21, 2019, Texas Pacific Land Trust (NYSE:TPL) (the “Trust”) gave notice that the special meeting scheduled to be convened today has been postponed to address Eric Oliver’s ongoing efforts to mislead the Trust’s shareholders by making materially misleading statements and failing to disclose material information related to his record and potential conflicts of interest. Over the past several months, the Trustees have made every effort to resolve these issues amicably and to obtain the information necessary for all shareholders to evaluate Mr. Oliver’s fitness to serve as Trustee. As recently as last Thursday, May 16, the Trust’s counsel reached out in writing to Mr. Oliver’s personal attorney as part of these efforts. Mr. Oliver’s attorney never responded, forcing the Trust to take the step
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