Audley Capital Says Walter Energy Board 'Has Shown Lack of Strategic, Financial Judgement,' Nominates Five Candidates for Board
Posted on February 19, 2013 at 14:04 PM EST
Audley Capital Advisors LLP (“Audley Capital”) announced today that a related Audley investment fund recently notified Walter Energy, Inc. (NYSE: WLT ) that it will nominate five candidates for election to the Company's board of directors at its upcoming 2013 Annual Meeting of Shareholders. Audley Capital believes that Walter Energy has high quality