News & Resources

Olshan Client Richmond Brothers Scores Resounding Victory in Successful Proxy Contest at Rockwell Medical

June 9, 2017

Reuters and Yahoo Finance reported on the certified results of Rockwell Medical, Inc.’s 2017 annual meeting, where Olshan client Richmond Brothers received overwhelming support from shareholders in its proxy campaign for change at Rockwell Medical. Not only was Richmond Brothers’ director nominee, Mark H. Ravich, resoundingly elected to the Board, shareholders emphatically voted down Rockwell’s executive compensation and proposed long term incentive plan in accordance with Richmond Brothers’ recommendations. The Olshan team representing Richmond Brothers in connection with its investment and successful proxy solicitation at Rockwell Medical includes: Activist: Steve Wolosky, Ryan P. Nebel, and Bachar Mahmoud; and Litigation: Thomas Fleming and Brian Katz.