Energy Conversion Devices shareholders continue to seek change

By Lisa Kerner

Charlotte, N.C., June 25 - Energy Conversion Devices, Inc. investors led by CCM Master Qualified Fund, Ltd. and Coghill Capital Management increased their stake in the company to 8.8% from the 7.5% reported on June 19.

All shares were acquired for investment purposes. The investors continue to believe Energy Conversion Devices' board should consider making changes to current management and enterprise structure, according to a schedule 13D filing with the Securities and Exchange Commission.

As a result, the reporting persons plan to be in contact with board members and may be in contact with management and other Energy Conversion shareholders.

Energy Conversion Devices is a Rochester Hills, Minn., energy products supplier.

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