{"id":77588,"date":"2021-03-17T00:27:22","date_gmt":"2021-03-17T04:27:22","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=77588"},"modified":"2021-03-16T22:30:10","modified_gmt":"2021-03-17T02:30:10","slug":"hedge-fund-indaba-capital-nominates-two-to-benefitfocus-board","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2021\/hedge-fund-indaba-capital-nominates-two-to-benefitfocus-board.html","title":{"rendered":"Hedge fund Indaba Capital nominates two to Benefitfocus board"},"content":{"rendered":"\n<p>(Reuters) Hedge fund Indaba Capital has nominated two directors to Benefitfocus Inc\u2019s board five weeks after publicly calling on the benefit management software company to sell itself following years of poor returns and high turnover in the executive suite. San Francisco-based Indaba, which owns a roughly 9.5% stake in Benefitfocus, criticized the Charleston, South Carolina, company\u2019s sluggish stock price during booming markets and warned that shareholders will lose confidence if nothing changes.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.reuters.com\/article\/benefitfocus-indaba\/hedge-fund-indaba-capital-nominates-two-to-benefitfocus-board-idUSL1N2LD2XB\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Hedge fund Indaba Capital has nominated two directors to Benefitfocus Inc\u2019s board five weeks after publicly calling on the benefit management software company to sell itself following years of poor returns and high turnover in the executive suite. San [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77588","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77588","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=77588"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77588\/revisions"}],"predecessor-version":[{"id":77589,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77588\/revisions\/77589"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=77588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=77588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=77588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}