{"id":10953,"date":"2009-07-03T00:00:00","date_gmt":"2009-07-03T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"tollgrade-communications-challenges-independence-of-nominees-for-board","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2009\/tollgrade-communications-challenges-independence-of-nominees-for-board.html","title":{"rendered":"Tollgrade Communications challenges independence of nominees for board"},"content":{"rendered":"<p>Pittsburgh Tribune Review &#8211; Tollgrade Communications Inc. is challenging the independence of two nominees for seats on its board of directors because a dissident hedge fund group is paying them to run as part of its bid for control.<\/p>\n<p>Tollgrade, based in Harmar, said the fact that Ramius Group is paying $40,000 for two people to serve as nominees to the board could represent a conflict of interest. <\/p>\n<p>The telecommunications services company is girding for a showdown when shareholders gather to vote at their annual meeting on Aug. 5.<\/p>\n<p><strong><br \/><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.pittsburghlive.com\/x\/pittsburghtrib\/business\/s_632117.html?FORM=ZZNR10\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pittsburgh Tribune Review &#8211; Tollgrade Communications Inc. is challenging the independence of two nominees for seats on its board of directors because a dissident hedge fund group is paying them to run as part of its bid for control. Tollgrade, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[5137,346,6077,2717,11148,13772,5661,13773,13771],"class_list":["post-10953","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-annual-meeting","tag-board-of-directors","tag-conflict-of-interest","tag-fund-group","tag-hedge-fund","tag-pittsburgh-tribune-review","tag-shareholders","tag-telecommunications-services","tag-tollgrade-communications-inc"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10953"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10953\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}