Starboard delivers open letter to liveperson stockholders

Highlights the company's troubling corporate governance practices and the board's lack of relevant experience and ineffective oversight views the company's decision to delay the annual meeting in order to make reactionary changes as a transparent effort to defend the status quo and entrench the board remains open to engaging in constructive settlement discussions which would include providing access to its nominees for interviews following an understanding on an appropriate level of board change believes a reconstituted board with starboard's highly-qualified nominees would bring much needed industry and public company board expertise and improved diversity to the board new york , may 31, 2022 /prnewswire/ -- starboard value lp (together with its affiliates, "starboard"), one of the largest stockholders of liveperson, inc. ("liveperson" or the "company") (nasdaq: lpsn), with an ownership interest of approximately 9.4% of the company's outstanding shares, today announced that it has delivered an open letter to liveperson stockholders. the full text of the letter to the company's stockholders can be viewed at the following link: https://www.starboardvalue.com/wp-content/uploads/starboard_value_lp_letter_to_lpsn_stockholders_05.31.2022.pdf about starboard value lp starboard value lp is a new york-based investment adviser with a focused and differentiated fundamental approach to investing primarily in publicly traded u.s. companies.
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