Texas Pacific Land Trust Responds to Dissident Group’s Latest Attempt to Mislead Shareholders
Retrieved on:
Friday, June 14, 2019
As explained in our press release dated May 22, 2019, the purported meeting convened by the Dissident Group was legally invalid.
Key Points:
- As explained in our press release dated May 22, 2019, the purported meeting convened by the Dissident Group was legally invalid.
- Contrary to the Dissident Groups misleading assertion, the Trustees did not use the Trusts funds to buy any private residences for themselves.
- The Trusts shareholders should ask the Dissident Group: Why are you not engaging constructively with the Trustees to find an amicable resolution for the good of ALL shareholders?
- Here are some facts about which the Dissident Group cannot mislead shareholders:
In the five years prior to the start of the Dissident Groups campaign, the Trust outperformed 99% of the companies listed on the New York Stock Exchange.