ARLINGTON, Va., June 9, 2016 /PRNewswire/
-- Arlington Asset Investment Corp. (NYSE: AI) (the
"Company" or "Arlington") today
announced that, based on the preliminary vote count provided by its
proxy solicitor following the Company's 2016 Annual Meeting of
Shareholders, shareholders have overwhelmingly voted to elect ALL
of Arlington's director nominees –
Eric F. Billings, J. Rock Tonkel, Jr., Daniel J. Altobello, Daniel E. Berce, David
W. Faeder, Peter A.
Gallagher, Ralph S. Michael,
III and Anthony P. Nader, III
– to the Arlington Board of
Directors.
J. Rock Tonkel, Jr., President
and Chief Executive Officer of Arlington, said, "On behalf of our Board of
Directors and management, we would like to thank our shareholders
for their support throughout this process. Above all, our Board and
management team are focused on continuing to drive strong returns
and value creation for all Arlington shareholders. We look forward to
continuing to engage with our shareholders and appreciate their
input."
Preliminary results have also indicated that shareholders have
voted to (1) ratify the appointment of the Company's independent
registered public accounting firm for 2016 and (2) reject a
shareholder proposal to amend the Company's Amended and Restated
Bylaws.
The Company will file preliminary voting results with the
Securities and Exchange Commission ("SEC") on a Form 8-K within
four business days, and final voting results will be filed on a
Form 8-K once they are certified by the independent inspector of
elections.
Advisors
Credit Suisse Securities (USA) LLC is serving as financial advisor and
Wachtell, Lipton, Rosen & Katz and Hunton & Williams LLP
are serving as legal counsel to Arlington.
About Arlington Asset Investment Corp.
Arlington
Asset Investment Corp. (NYSE: AI) is a principal investment firm
that currently invests primarily in mortgage-related and other
assets. The Company is headquartered in the Washington, D.C. metropolitan area. For more
information, please visit www.arlingtonasset.com.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995
Certain statements in this communication
that are not historical facts are forward-looking statements.
Forward-looking statements involve various important assumptions,
risks and uncertainties. Actual results may differ materially from
those predicted by the forward-looking statements because of
various factors and possible events. We discuss these factors and
events, along with certain other risks, uncertainties and
assumptions, under the heading "Risk Factors" in our Annual Report
on Form 10-K for the year ended December 31,
2015, and in our other filings with the SEC. We note these
factors for investors as contemplated by the Private Securities
Litigation Reform Act of 1995. Predicting or identifying all such
risk factors is impossible. Consequently, investors should not
consider any such list to be a complete set of all potential risks
and uncertainties. Forward-looking statements speak only as of the
date on which they are made, and we undertake no obligation to
update any forward-looking statement to reflect circumstances or
events that occur after the date of the statement to reflect
unanticipated events. All subsequent written and oral
forward-looking statements attributable to us or any person acting
on behalf of the Company are qualified by the cautionary statements
in this section.
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SOURCE Arlington Asset Investment Corp.