Jaguar Financial Corporation in a press release:
Jaguar Financial Corporation (“Jaguar”) (TSX: JFC), a shareholder of Research In Motion Limited (“RIM” or the “Company”), on behalf of itself and other supportive shareholders, today called upon the Directors of RIM to establish and carry out a formal process for the maximization of shareholder value. This value maximization process would include the pursuit of all options including a potential sale of the Company or a monetization of the RIM patent portfolio by a spin-out to RIM shareholders.
They cite the 80.3% loss in value since 2008, “corporate governance” concerns, and a general lack of innovation. I am sure one of the CEOs can weasel out of this.