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DewDiligence

05/08/17 5:37 PM

#211146 RE: DewDiligence #209844

ARLZ -17% despite (seemingly positive) compensation decision by BoD:

https://www.sec.gov/Archives/edgar/data/1660719/000110465917030697/a17-12290_28k.htm

On May 3, 2017, the Board of Directors of Aralez Pharmaceuticals Inc. voluntarily agreed to a reduction of their cash retainers as part of the Company’s recently announced cost savings program. Specifically, the non-employee members of the Board have agreed to reduce their annual cash retainers by 50% for the next twelve months.

Perhaps this move was seen by investors as an act of desperation. If there was other ARLZ news today, I missed it.