As noted in this press release, another lawsuit was filed by a proponent against a company which had filed this detailed Rule 14a-8(j) notice with the SEC intending to exclude a proposal seeking a report detailing the healthcare impacts of the company’s acquisitions strategy over the last decade. Here’s the complaint filed in the US District Court of DC.
At this juncture in the proxy season, three of these shareholder proposal lawsuits have settled – and with this new lawsuit, there are a total of three lawsuits pending…
Authored by
Broc Romanek