NEWARK, NY -- A dissident slate of shareholders has won election to the board of IEC Electronics, multiple websites are reporting tonight.

Vintage Capital, the largest shareholder of IEC, issued a statement saying it believes its slate of nominees have been elected to the IEC board.

The vote was finalized at the EMS company's annual meeting today but the results of the certification of the results by an independent inspector has not been revealed.

Vintage said in a statement released today, "This is a significant victory for all IEC stockholders. We are eager to work diligently along with IEC’s talented employees to create sustained value for the benefit of all stockholders, employees, customers and the company’s other constituencies and stakeholders.”

Vintage has been locked in a testy battle with IEC's longtime board, including its chairman, Barry Dilbert, over the company's financial performance and decision-making. IEC, in turn, has aggressively moved to dispute Vintage's view of events, and has claimed the private equity firm's bid is "flawed" and a "conflict of interest."


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