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  "documentTitle": "Tessera Technologies Inc. (TSRA)",
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      "text": "Stock price performance has been terrible... Operating performance has been abysmal... Capital allocation has been extremely poor... The neglected core IP business has underperformed... Management and board turmoil...",
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      "text": "We are involved with Tessera because we believe there is a substantial opportunity to create value for the benefit of all shareholders, but management and the Board have repeatedly failed to do so. We have nominated a new slate of directors who we believe are significantly more qualified and have a better plan for the future of Tessera.",
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      "text": "We first invested in Tessera Technologies Inc. (\"Tessera\" or the \"Company\") in November 2011 because our research indicated that an opportunity existed to create significant value for Tessera shareholders based on actions within the control of management and the Board of Directors.",
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