A few days ago, I blogged a summary of the three pending lawsuits filed by proponents against companies who had received Rule 14a-8(j) responses from Corp Fin. Now, two of the three lawsuits have settled with the companies agreeing to include the shareholder proposal on the ballot.
The two lawsuits that settled are the situation with a substantive basis exclusion that had a minimal mini-no-action analysis – and the situation with a procedural basis exclusion…
Authored by
Broc Romanek