On November 17, 2023, the staff of the U.S. Securities and Exchange Commission (“SEC”) issued one revised and five new proxy-related compliance and disclosure interpretations (“C&DIs”). These C&DI’s ...

Board and Management Team Have Taken Significant and Decisive Action to Respond to External Market Challenges Key Transformational Changes Are Driving Strong Financial Results and Stock Price ...

The Order directs the SEC, FTC, and DOL to increase oversight of proxy advisors and assess their practices under applicable laws. ISS and Glass Lewis have already begun to modify their practices in ...

Proxy season is getting underway. But companies still have a window of opportunity to refine their disclosures and pay attention to evolving trends and investor expectations. With the growing number ...

Egan-Jones Proxy Services has released its Wealth-Focused Policy motivation document. The Wealth-Focused Policy is a distinctive proxy-voting framework that places shareholder wealth creation at the ...

Demonstrates Elliott’s Thesis is Based on Flawed Assumptions and Changes Would be Destructive to Long-Term Shareholder Value Urges Shareholders to Vote “FOR” ONLY Phillips 66’s Nominees on the WHITE ...

Egan-Jones Proxy Services Issues Withhold Recommendation for Cracker Barrel directors and CEO Masino due to ongoing decline and poor results Egan-Jones Proxy Services has announced its recommendation ...

The Trump administration is said to be investigating two top shareholder advisory firms. It’s part of a growing change in how corporate America is run. By Andrew Ross Sorkin Bernhard Warner Sarah ...

For several years now, the walls seemed to be closing in on proxy advisors (which essentially means Institutional Shareholder Services and Glass Lewis & Co. LLC, as the only two that truly count).