1. Activist Investor Voce Wants OnDeck Shareholders To Vote Out Board Trio

    Activist Investor Voce Wants OnDeck Shareholders To Vote Out Board Trio

    Print San Francisco-based activist-investment firm Voce Capital Management LLC is urging stockholders to vote against the three OnDeck Capital directors facing re-election...

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    1. OnDeck's lack of strategic focus, runaway costs and weak corporate governance have contributed to chronic underperformance.
    2. We believe OnDeck's core value proposition is strong, but significant work needs to be done to reestablish credibility with investors.
    3. All three of these individuals … share a common track record of terrible returns for stockholders as represented by the total shareholder return (TSR) analysis earlier.
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