Key Developments: Diligent Board Member Services Inc (DIL.NZ)
21 May 2013
Latest Key Developments (Source: Significant Developments)
Diligent Board Member Services Inc announced that the Board of Directors has declared a cash dividend of USD 0.011 per share on its Series A Preferred Stock, payable on January 2, 2013 (US time), which in the aggregate amounts to a dividend of USD 359,338 to the Series A Preferred Stock holders. This dividend is payable pursuant to Diligent's Certificate of Incorporation. Spring Street Partners LP, one of the holders of the Series A Preferred Stock, has advised Diligent that it is waiving its right to the dividend which amounts to USD 239,557, and it directed the Company to retain those funds. Full Article
The Law Firm of Levi & Korsinsky, LLP Launches Investigation Into Possible Breaches Of Fiduciary Duty By Board Of Directors Of Diligent Board Member Services Inc.
Levi & Korsinsky, LLP announced that it is investigating Diligent Board Member Services, Inc., and its Board of Directors in connection with the compensation provided to certain of its executive officers. Full Article
Diligent Board Member Services, Inc. announced Virgin Money UK as a new client, joining an increasing number of financial services companies now using the Diligent Boardbooks platform. Full Article