The US House Committee on the Judiciary has issued a subpoena to As You Sow, a shareholder advocacy group, for documents on its work relating to climate risk.
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CCGG warns law firm’s proposed by-law weakens shareholder rights October 20th, 2023 The Canadian Coalition for Good Governance (CCGG) has criticised a proposed bylaw that would give companies the ability to automatically postpone AGMs if votes against a director cross a certain threshold. The bylaw was proposed by law firm Norton Rose Fulbright Canada to […]
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The UK Government has now implemented social distancing measures across the UK as the coronavirus outbreak continues to gather pace. Mass gatherings are being postponed or cancelled in response, but UK companies with scheduled annual general meetings (AGM) are having to consider whether they do the same or find another way to hold AGMs. The […]
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DoJ cautions SEC over proxy advice proposals The US Department of Justice (DoJ) has expressed deep concerns over proxy advisor rule amendments proposed by the country’s financial regulator, warning the changes could quash competition in the advisory market and restrict investor choice. In a letter to the SEC, dated 5 February 2020, the Department of […]
Read MoreAnswer: when it’s a selective mailing sent out to a privileged few under embargo before the formal announcement date. Today we have the case of Novartis, which yesterday (Thursday, 30-Jan-14) faxed (yes, faxed) an advance copy of its AGM meeting notice to selected names on their share register ahead of the formal dispatch to ordinary […]
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