Firm News

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

Firm News | March 8, 2017

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.