All Three Proxy Advisory Firms Recommend J. Alexander's Shareholders Vote Ancora Advisors' GOLD Proxy Card

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Jun 19, 2019
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Ancora Welcomes the Unanimous Support of ISS, Glass Lewis and Egan-Jones

Egan-Jones Cites Abysmal TSR, Poor Oversight and Conflicts of Interest; States It is Time for the Board to Consider Strategic Alternatives to Unlock Shareholder Value

ISS has Previously Stated Change is Warranted on J. Alexander's Board Given the Company's Relative Underperformance and Corporate Governance Shortcomings

Glass Lewis Also Pointed to J. Alexander's Lagging Share Price and Financial Performance as well as Board's Unresponsiveness to Ancora's Proposal

All Three Proxy Advisory Firms Affirm that Shareholders Should Vote Ancora's GOLD Proxy Card to WITHHOLD Votes from Timothy Janszen and Ronald Maggard

Egan-Jones Also Recommends Shareholders Vote Against Amendment to Equity Incentive Plan

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