Plants, Mowry say Cutera special committee made ‘misleading’ statements

J. Daniel Plants, Founder and Chief Investment Officer of Voce Capital Management LLC and a member of the Board of Directors of Cutera, Inc., and David Mowry, also a Cutera Director – who together own approximately 7.0% of the outstanding shares of Cutera – issued the following statement in response to a recent press release from the Special Committee of Cutera’s Board: "The events of the past week, particularly the wrongful termination of our roles as Executive Chairman and CEO, respectively, have only further solidified the need for meaningful Board change at Cutera. The press release issued yesterday by Gregory Barrett, Sheila Hopkins, Timothy O’Shea, Juliane Park and Janet Widmann (the "Entrenched Directors") contains numerous misleading, incomplete and untrue statements. The Entrenched Directors’ revisionist history is contradicted by the actual decisions they made and actions they carried out."