Paratek Investor To Withhold Board Votes, Citing Concerns

By Jade Martinez-Pogue ( June 27, 2023, 5:51 PM EDT) -- Activist investor NexPoint Asset Management LP on Tuesday revealed its plans to withhold votes against all three Paratek Pharmaceuticals Inc. board members up for reelection at the latter company's upcoming annual meeting, with NexPoint citing its "serious concerns" regarding the board's failure to hold management accountable for "years of underperformance."...

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