The Yahoo! annual investor meeting is set to be "a magnet for discontent", according to a report.

Complaints will be aired about the firm's failure to reach a merger agreement with Microsoft and its overall performance, ITPro suggests.

However, it says any action is likely only after the meeting is concluded, when investor Carl Icahn and two colleagues have joined the board.

The news provider states that Jim Friedland, an analyst with Cowen & Co, commented: "I am sure that Yahoo! management will take a verbal beating."

Canaccord Adams analyst Colin Gillis suggested that the benefit of Mr Icahn joining the board is that "the status quo is broken".

Yahoo! reached an agreement with Mr Icahn earlier this month, which stipulates that eight current board members, including the chief executive officer Jerry Yang, are to stand for re-election at the annual meeting.

One board member, Robert Kotick, decided to stand down following the deal and is not therefore up for re-election.

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