Harry Winston Diamond (HWD -2%) shareholders may want to keep an eye open for fireworks ahead,...

|By:, SA News Editor

Harry Winston Diamond (HWD -2%) shareholders may want to keep an eye open for fireworks ahead, as self-proclaimed activist hedge fund Starboard Value stated in a filing that it owned 1.3M HWD shares as of Sept. 30, or ~1.5% of the company. Starboard has engaged in 45 proxy fights since 1999, but has kept silent so far on its HWD stake.