VIEX Capital Advisors Founder Eric Singer Creates Transformative Change at Quantum Corporation with help from Kleinberg Kaplan’s Nationally Recognized Activist Team

Kleinberg Kaplan partners Christopher P. Davis and Jason Soncini, and associate Rebecca VanDerlaske, advised VIEX in a proxy campaign with Quantum that reached a complex settlement to replace a majority of the Board with independent new directors within 90 days. Activist campaigns changing the majority of a Board are uncommon and, for several years, Quantum had resisted pressure from another leading activist to change a majority of directors. VIEX’s success could benefit Quantum stockholders and is representative of Kleinberg Kaplan’s work on behalf of concerned investors seeking to unlock value for all shareholders.