Glass Lewis responds to SEC’s 14a-8 no-action shift
Glass Lewis will expect companies to keep shareholder proposals they don’t like on their proxies even if the SEC declines to rule...
Shareholders & activism archive
SEC proposal highlights differences on shareholder proposals
The SEC on Tuesday voted to propose amendments to Rule 14a-8, which governs the process for determining which shareholder...
Canadian shareholder activism increases in scope, says Laurel Hill
Shareholder activism in Canada is evolving and becoming more sophisticated. While down in terms of volume, it has ‘grown in...
The week in GRC: ISS sues SEC over proxy adviser guidance, and AT&T reaches deal with activist
– The Wall Street Journal reported that AT&T reached a truce with activist investor Elliott Management, which had been pressing...
SEC investor advocate seeks action on dual-class shares
SEC investor advocate Rick Fleming has urged the commission and US exchanges to take action against dual-class share structures...
‘Anyone can be an activist now,’ warn Canadian governance advisers
Shareholder activism hit record highs in Canada during 2018 and, while the activity has trailed off somewhat this year, speakers...
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Groups reject revised 14a-8 no-action approach
Groups including Ceres and the Council of Institutional Investors have called for the SEC’s division of corporation finance to...
The week in GRC: We Company postpones IPO, and investors urge governments to tackle climate change
– Reuters reported that London Stock Exchange (LSE) shareholder Royal London Asset Management (RLAM) said it agreed with the board...
Kraft Heinz shareholders reject meat-alternatives proposal
Shareholders in The Kraft Heinz Company have overwhelmingly rejected a proposal that would have pressed the food firm’s board to...
SEC staff’s 14a-8 no-action announcement sparks questions and concerns
The SEC’s division of corporation finance has caused a splash ahead of the 2020 proxy season by announcing a revised approach to...
