Olshan’s Activist Practice Group Leads Starboard to Big Proxy Contest Victory at Regis Corp
Olshan’s client Starboard Value scored a major proxy victory at Regis Corporation as shareholders overwhelmingly elected all three of Starboard’s director nominees at the company’s Annual Meeting held on October 27, 2011. Starboard is one of the largest shareholders of Regis, which operates more than 12,700 hair salon chains worldwide, including Supercuts. Over the past several months, Starboard had been advocating for strategic and governance changes at Regis. Steve Wolosky, Andrew M. Freedman and Jason W. Soncini represented Starboard Value in the Regis proxy solicitation. For media coverage click here: The Wall Street Journal, StarTribune, The Business Journal, TwinCities.com, Twin Cities Business.