The Clinton Group's win at Imation
Recall that The Clinton Group got a win last week, but we found out just how big it was. The dissent directors won more than 65% of the shareholder vote at Imation -- getting 3 board seats.
Imation lost a separate say-on-pay shareholder vote on executive compensation. This comes as the Clinton Group attacked Imation on executive pay. The CEO is still in place, but the company is still exploring strategic alternatives, including the potential sale of some or all of the company.