Activist Client Raging Capital’s Director Nominee Included in Management Slate of Vitesse Semiconductor

A director nominee of Raging Capital has been included in Vitesse Semiconductor Corp.’s slate of director candidates up for election at the upcoming annual meeting of shareholders. As a result, Raging Capital has withdrawn its prior nomination of a slate of director nominees. Steve Wolosky represented Raging Capital with respect to its investment in Vitesse.