Firm News

Kleinberg Kaplan activist attorneys Chris Davis, Jason Soncini, Adam VanWagner and Erik Graham-Smith advised Mangrove Partners in connection with its investment in, and settlement with, RPX

Firm News | May 27, 2016

Reuters reports that Kleinberg Kaplan client Mangrove Partners settled its proxy contest with RPX Corporation through an agreement that:

  • immediately added Mangrove nominee Gilbert S. Palter to the RPX Board
  • created an innovative mechanism for Mangrove and RPX to choose a mutually acceptable second nominee
  • committed RPX to the repurchase of an additional $50 million of its common stock.