NEW YORK and TORONTO, June 5, 2018 /CNW/ - Laurel Hill Advisory Group, LLC is pleased to congratulate our clients, Bradford T. Adamczyk, Jonathan R. Barcklow, Thomas C. Dearmin, John E. Schultz Jr. and Oak Tree Asset Management Ltd. (collectively, "the Concerned Shareholders of Applied Energetics"), in connection with the successful solicitation of written consents ("Consent Solicitation") from the stockholders of Applied Energetics, Inc., a Delaware corporation.
The consent of the shareholders has removed the sole member of the Board of Directors of the Company (the "Board") currently in office and elected Mr. Adamczyk, Mr. Barcklow and Mr. Dearmin to the board of the Company.
The contested Consent Solicitation provided stockholders the opportunity to reconstitute the Board and management of the Company.
About The Laurel Hill Advisory Group
The Laurel Hill Advisory Group is North America's only independent, cross border Shareholder Communications firm, focusing on Proxy Solicitation, Information Agent, Depositary, Escrow and Escheatment solutions. We are regularly engaged on high profile, complex and contentious situations involving M&A, restructuring, and corporate governance issues. Cross border operations allows us to effectively reach shareholders regardless of their location – Canada, US and globally. Our team's experience has resulted in Canada's best proxy contest win record for the past 11 years. For more information, please visit us at www.laurelhill.com.
SOURCE Laurel Hill Advisory Group
For further information: Tom Cronin - 516-396-7936, [email protected]; Joe Contorno - 516-396-7939, [email protected]; Joe Moran - 516-396-7901, [email protected]; John O'Grady - 516-396-7905, [email protected]