Fiesta Restaurant Group Gets ISS Backing on Its Nominees

Fiesta Restaurant Group Gets ISS Backing on Its Nominees

Fiesta Restaurant Group confirmed in a regulatory filing with the U.S. Securities and Exchange Commission that shareholder proxy advisory firm, Institutional Stockholder Services (ISS) has recommended that shareholders vote for all of the company’s board nominees, and not the two nominees proposed by a group led by JCP Investment Management. Subsequently, JCP issued a response commending ISS for recognizing “areas of concern” surrounding the current board, namely, its ineffective oversight […]

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