Like it or not, members of the public who
spend substantial sums of money hiring a professional such as a lawyer generally expect that person to look the part.
Updated 8:37 p.m. The Democratic House political arm is scrapping plans to
spend a substantial sum of money on the Massachusetts 6th District race, but is still investing in the Boston media market on New Hampshire's two competitive House races, according to a source tracking media buys.
But Grimes elaborated and explained
he spent the substantial sum of money on a Canadian political consultancy called AggregateIQ, who are «data and social media experts» and ran a sophisticated online political campaign on his behalf.
As a brief overview, the Management and Board have embarked upon a failed merger that garnered virtually no support from its shareholders, and was opposed by ISS, and continued on that path until the date
of the special shareholders meeting and scheduled vote,
spending lavishly in a failed effort to close it; attempted to implement
substantial new options to itself, a plan opposed by ISS and the shareholders, which was withdrawn; continually paid itself outrageous
sums of the shareholders
money over the past three years; rejected highly qualified outside board members with deep, broad healthcare company experience supported by its shareholders; held many Board and Committee meetings with nothing to show for it; formed a new Strategic Transactions Committee that is highly paid but that has produced no deals for the shareholders to consider or for any outside valuation experts to formally review;
spent lavishly on accountants, auditors and counsel; failed to successfully hire any outside professional negotiators and finally extinguish or remove the outstanding lease obligations; distributed no cash to the shareholders despite holding excess amounts; formed no special purpose entity to hold any royalty and milestone rights and payments for the benefit
of its shareholders; and thus generally failed in its fiduciary duties to shareholders.