On April 8, 2016, Arlington Asset Investment Corp. announced that it has received a notice from Imation Corp., an IT data storage and data security company, acting in concert with a fund affiliated with Clinton Group, Inc. of its intent to nominate a controlling slate of 6 candidates to stand for election to the Company's 8-member Board of Directors at the 2016 annual meeting of Shareholders. The Company also announced that it has filed its preliminary proxy statement and related proxy materials for the 2016 annual meeting of shareholders with the Securities and Exchange Commission recommending that shareholders vote for all of Company's director nominees on the white proxy card.

The Arlington nominees are: Eric F. Billings, J. Rock Tonkel, Daniel J. Altobello, Daniel E. Berce, David W. Faeder, Peter A. Gallagher, Ralph S. Michael, and Anthony P. Nader.