October 5, 2012

The chairman of The Wet Seal and three other directors have stepped down from its board, replaced by four nominees of the Clinton Group.

October 4, 2012

The Wet Seal Inc. encouraged its shareholders to reject efforts by its third-largest investor, Clinton Group, to gain control of the board, Reuters reported.

September 26, 2012

The Wet Seal said that two independent proxy advisors, Institutional Shareholder Services and Egan-Jones Proxy Services, recommended that the chain’s shareholders reject efforts by Clinton Group to replace six members of the company’s board of directors.

September 24, 2012

Wet Seal Inc. sent a letter to its shareholders saying activist investor Clinton Group is looking to replace most of the retailer's board with its own nominees, Reuters reported.

September 20, 2012

The Wet Seal Inc. said it has dropped its temporary shareholder rights plan, citing feedback from stakeholders, and has proposed to expand its board to include two nominees of activist investor Clinton Group.

August 23, 2012

As part of its push toward forcing Wet Seal to put itself up for sale, investor Clinton Group on Thursday named its own slate of board candidates to replace the existing members.

July 24, 2012

One day after releasing its CEO, teen retailer Wet Seal confirmed it is in talks with major shareholder Clinton Group regarding a potential sale of the company.

January 28, 2008

New York, Dillard's...