– According to The Wall Street Journal (paywall), the cryptocurrency industry is increasing efforts to recruit more legal talent as it faces increased regulatory pressure while looking to become part of mainstream finance. Crypto exchanges and companies are hiring many attorneys from...
Shareholders Monthly archive
Shareholders in Walmart and The TJX Companies are set to vote on proposals asking them to look at how they may be impacted by legislative efforts to curb access to abortion in the US.
The SEC recently denied separate requests from Walmart and ...
Hewlett Packard Enterprise (HPE) is no stranger to virtual shareholder AGMs and views them as an exercise that goes beyond merely fulfilling regulatory or governance obligations. As our judges noted, the company has proven to be adept at using technology to make its meeting very accessible.
The company’s AGM is focused on shareholder engagement and allows for interaction with executives and the board. A key feature of this desire to maximize accessibility is enabl...
The Council of Institutional Investors (CII) has welcomed a proposed SEC measure designed to help shareholders engage with portfolio companies without falling foul of regulatory hurdles – but says clarifications are needed.
Specifically, CII is pleased with new Rule 13d-6(c), which would spell out the circumstances under which two or more persons may communicate and consult with one another and engage with a company without being treated as a group that must compl...
– The Wall Street Journal (paywall) reported that Twitter CEO Parag Agrawal said Elon Musk decided not to join the company’s board of directors. Agrawal said in a message posted to Twitter that he and the board were excited about collaborating with...
Shareholders in McDonald’s Corporation will vote next month on a proposal pressing the fast-food company to carry out a civil rights audit – the latest in a series of shareholder proposals looking at issuers’ impact in the area.
The SEC last week rejected a request from McDonald’s for no-action relief if it e...
No one will be surprised to read the stats on in-person meetings from last year: according to Corporate Secretary sister publication IR Magazine’s Global Roadshow Report 2021, limitations on human movement as a result of the pandemic led to a substantial reduction in one-on-one, in-person meetings between companies and investors.
The results show that companie...