We may have a lawsuit brewing
Post# of 148170
IANAL but the bylaws seem to state that the notice of nominations may be updated to correct errors before the record date, which is Sept 1. So 13D may have another month to get their applications in order (any attorneys please correct me if I'm wrong).
Here is the relevant passage from the bylaws and I've linked the bylaws below:
Quote:
(3) A stockholder providing Timely Notice of nominations or business proposed to be brought before an Annual Meeting shall further update and supplement such notice, if necessary, so that the information (including, without limitation, the Material Ownership Interests information) provided or required to be provided in such notice pursuant to this By-law shall be true and correct as of the record date for the meeting and as of the date that is ten (10) business days prior to such Annual Meeting, and such update and supplement shall be received by the Secretary at the principal executive offices of the Corporation not later than the close of business on the fifth (5th) business day after the record date for the Annual Meeting (in the case of the update and supplement required to be made as of the record date), and not later than the close of business on the eighth (8th) business day prior to the date of the Annual Meeting (in the case of the update and supplement required to be made as of ten (10) business days prior to the meeting).
bylaws