Conference call ate: Mon, 15 Apr 2013 05:00:45 -0700
From: newsout@stockwatch.com
To: newsout@stockwatch.com
Subject: U:SWC APB Financial Group and Hedge Fund Solutions to Host Webcast to Discuss Clinton Group's Activist Investment in Stillwater Mining Company
APB Financial Group and Hedge Fund Solutions to Host Webcast to Discuss Clinton Group's Activist Investment in Stillwater Mining Company
Ticker Symbol: U:SWC
NEW YORK, April 15, 2013 (GLOBE NEWSWIRE) -- APB Financial Group today announced that Damien Park, Managing Partner at Hedge Fund Solutions, will interview three of Clinton Group's nominees for election to Stillwater Mining Company's (NYSE:SWC) Board of Directors as part of APB's ongoing series of interviews on shareholder activism. The director nominees to be interviewed include Greg Taxin, Clinton Group's head of activist investing, Brian Schweitzer, the former Governor of Montana, and Dr. Charles Engles, the former Chairman and CEO of Stillwater Mining Company.
Clinton Group is seeking to replace seven of the Company's eight directors at Stillwater's 2013 Annual Shareholders Meeting, which is scheduled for May 2, 2013. Steven Abernathy, CEO of APB Financial Group stated, "We are pleased to offer this forum in which Stillwater Mining's current and prospective investors can hear directly from three of Clinton Group's nominees about how they intend to increase shareholder value if elected to the Company's board next month."
In addition to the webcast interview, qualified investors will receive a complimentary copy of Hedge Fund Solutions' activist investing research for Stillwater Mining. The 30-minute webcast is scheduled to take place on Tuesday, April 16, at 11:30AM EDT.
To receive more information about APB Financial Group's activist investing broker-dealer services and activist investing research, or, to be considered for an invitation to this webcast, contact Brian Luster at 212-293-3463 or email bluster@abbygroup.com.
About APB Financial Group
APB Financial Group is a full service, independent broker dealer, offering independent research, discreet sales and trading, selective capital introduction and commission management. The Shareholder Rights Division of APB Financial is a Fundamental-Value and Catalyst-Driven independent research provider, dedicated to offering financial services, hedging strategies and other resources to the activist and investment community. APB Financial Group is a member of FINRA, SIPC.
About Hedge Fund Solutions, LLC
Hedge Fund Solutions is a specialized research and consulting firm focused on providing substantive solutions for investors and companies on issues relating to activist investing. Hedge Fund Solutions issues Catalyst Investment Research™ – research that singles out companies with extraordinary value potential where activist investors have taken sizeable investment positions and are pressing management to unlock hidden pockets of value. For additional information contact Damien Park at 215-325-0514 or by email at dpark@hedgerelations.com.
About the Moderator
Damien Park, Hedge Fund Solutions
Mr. Park is a leading expert in the area of shareholder activism and corporate governance and is regularly retained by investment professionals and boards of directors seeking dependable counsel in this area. He is the co-chairman of The Conference Board's Expert Committee on Shareholder Activism, the past chairman of the Hedge Fund Activism & Shareholder Value Summit, and is often quoted in The Wall Street Journal, The New York Times, Financial Times, BusinessWeek, CFO Magazine, The Nikkei and Newsweek Japan.
About Clinton Group's Nominees Being Interviewed
Dr. Charles Engles
Dr. Engles is currently an independent consultant. From September 1994 to March 1997 Dr. Engles served as Chairman and Chief Executive Officer of Stillwater Mining, where, under his direction, Stillwater completed its initial public offering on the NASDAQ in 1994. From July 1989 to September 1994, Dr. Engles served as Senior Vice President of Johns-Manville Corporation, where he was responsible for corporate development and worldwide mining and minerals operations and, in 1992, organized the spin-off of Stillwater from Johns- Manville Corporation and Chevron Corporation.
Brian Schweitzer
Mr. Schweitzer most recently served as Governor of Montana, from January 5, 2005 to January 7, 2013. Gov. Schweitzer maintained one of the highest approval ratings among American politicians, delivered the eight largest budget surpluses in Montana history, cut the most taxes in history and froze tuition increases at state universities, before retiring due to term limits. Gov. Schweitzer is the only Governor in Montana history elected directly from the business world, not having been elected to any other office.
Greg Taxin, Clinton Group
Greg Taxin runs Clinton Group's activist investment efforts. Prior to joining Clinton, Mr. Taxin ran the activist investment fund Spotlight Capital. Previously, he co-founded Glass Lewis (where he was CEO), an independent research firm that analyzes the corporate governance and accounting practices of more than 15,000 public companies in 65 countries. Before Glass Lewis, Mr. Taxin was a senior investment banker at Banc of America Securities and Epoch Partners. Before that he was a Vice President in the investment banking department of Goldman, Sachs & Co. and an attorney with Wachtell, Lipton, Rosen & Katz.
CONTACT: Brian Luster APB Financial Group https://www.apbfinancialgroup.com 212-293-3463
