Glass Lewis recently announced a policy of voting against members of the corporate governance committee at companies that adopt bylaws disqualifying director nominees who receive third-pa...
Last Thursday, Broadridge announced that it will change its procedures for reporting of interim voting results for proxy contests, so that each soliciting party will only receive the resu...
Broadridge has announced a new policy that during proxy contests, each party will only receive the interim results of votes cast for its own proxy card, reports the WSJ. Companies and dis...
A number of shareholder proposals this season are focused on aspects of proxy voting, leading ISS to adopt a new policy at the end of January on how it will evaluate these proposals.
A no...
The staff agreed that shareholder proposals at two companies, DTE Energy and NCR, could be excluded for failure to satisfy the ownership requirements, but noted that the companies had fai...
At the recent Securities Regulation Institute, Keith Higgins, the head of the SEC Division of Corporation Finance, indicated that the SEC staff will be looking for less detailed disclosur...
While notices of exempt solicitations are becoming more common, they usually do not involve a proponent’s tweets about the company, as is the case with Carl Icahn and the Apple annual m...
The SEC’s Division of Corporation Finance recently released three Compliance and Disclosure Interpretations concerning the SEC’s so-called unbundling rule (Exchange Act Rule 14a-4(a)(...
ISS released its technical document on QuickScore 2.0. The changes from the prior version include data updates on an ongoing basis using a company’s public disclosures of changes to its...
The Enforcement Division recently settled with KPMG for its actions involving three companies, none of which were identified. In one case, the firm hired an employee who had just retired ...
