West Palm Beach (HedgeCo.net) - Hedge fund manager Rosseau Asset Management Ltd. and certain related parties have  filed a dissident’s proxy circular (the "Dissident’s Circular") to Noront Resources Ltd., in which the hedge fund group controls over approximately 9.2% of common shares.
Rosseau asks Noront’s shareholders to vote against the re-election of the Company’s current Board […]

Miami Herald- CSX is resuming its annual meeting in Jacksonville, but it is uncertain what will be on the agenda.
When the board met in June in New Orleans, it halted the meeting so it could continue counting votes for a slate of directors pushed by hedges fund. CSX rescheduled the meeting for Friday.
CSX said last […]

New York Post- New York hedge fund Ramius took a bite out of CKE Restaurants Inc. - the owner of burger joints Hardee’s and Carl’s Jr. - with a scathing letter sent to CEO Andrew Puzder.
Blasting him for the company’s "suboptimal performance," Ramius vowed to vote against Puzder and three other directors at the company’s […]

Bizjournals.com- CSX Corp. and the activist hedge funds engaged in a proxy contest with the railroad will make their cases to gain the recommendation of a company many institutional investors rely on when casting shareholder votes.
RiskMetrics Group, a proxy advisory company, will hold a special governance forum at 11 a.m. June 9 in anticipation […]

Reuters - Conseco Inc on Thursday rejected hedge fund Steel Partners’ request to raise its shareholding in the insurance company to as much as 22 percent, saying the proposal could reduce its "financial flexibility."
Conseco told Steel Partners in a publicly disclosed letter that "it is not in the interests of all shareholders" for one […]