Salary.com shareholder buys 205,372 shares, ups equity stake to 9.9%

By Lisa Kerner

Charlotte, N.C., Sept. 10 - Salary.com, Inc. investors led by Raging Capital Fund, LP bought 205,372 shares of the company's stock between Aug. 11 and Sept. 3 priced from $2.8669 to $2.95, according to a schedule 13D/A filed with the Securities and Exchange Commission on Thursday.

The investor beneficially owns 1,591,248 shares, or 9.9%, of the Needham, Mass.-based company's outstanding stock.

Salary.com provides on-demand compensation, payroll and other human resource management solutions.

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