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Stock impact report

Leading Proxy Advisory Firm Glass Lewis Supports All Xperi Board Candidates [Yahoo! Finance]

Xperi Inc. (XPER) 
Last xperi inc. earnings: 11/2 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.xperi.com
Company Research Source: Yahoo! Finance
Glass Lewis Concludes Rubric Capital Has Failed to Make a Case for Change and "Full Support for the Incumbent Board is Warranted" SAN JOSE, Calif., May 15, 2024 BUSINESS WIRE )--Xperi Inc. (NYSE: XPER) (the "Company" or "Xperi") today announced that a second independent proxy advisory firm, Glass, Lewis & Co., LLC ("Glass Lewis"), has recommended that Xperi stockholders vote "FOR" all of the Company's director nominees on the BLUE proxy card ahead of the Company's 2024 Annual Meeting of Stockholders (the "Annual Meeting"), to be held on May 24, 2024. One of the Company's stockholders, Rubric Capital Master Fund LP ("Rubric"), has nominated two candidates to replace half the Company's independent directors on the Xperi Board of Directors (the "Board"). Like Institutional Shareholder Services ("ISS"), Glass Lewis concluded that Rubric has failed to make a persuasive case for change in the composition of the Board: "[W]e ultimately do not [believe Rubric] has… presented an adequat Show less Read more
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