Shareholders said corporate reforms merit millions in fees. Now they must prove it
By Alison Frankel (Reuters) – When plaintiffs lawyers in a derivative suit against Pinterest Inc board members asked for approval of their $5.4 million fee …
By Alison Frankel (Reuters) – When plaintiffs lawyers in a derivative suit against Pinterest Inc board members asked for approval of their $5.4 million fee …
(Reuters) – Shareholders of Shopify Inc on Tuesday voted in favor of protecting Chief Executive Officer Tobias Lutke’s 40% voting stake, a source told Reuters, …
By Makiko Yamazaki and Yuki Nitta TOKYO – A Toshiba Corp external director on Tuesday rejected criticism that having two shareholder representatives would skew the …
By Giulia Segreti ROME -Shareholders in Italy’s Leonardo on Tuesday rejected a proposal by activist investor Bluebell Partners to start a liability action against the …
By Svea Herbst-Bayliss BOSTON – Shareholders have reelected all of McDonald’s Corp’s directors, the company said on Thursday, ending a boardroom battle with billionaire investor …
NEW YORK – Amazon.com Inc shareholders on Wednesday voted against all 15 investor-led resolutions that challenged the company’s policies – including its use of plastics …
(Reuters) – Chinese ride-hailing giant Didi Global will delist from the New York Stock Exchange, after a majority of the company’s shareholders voted in favor …
(Reuters) – Spirit Airlines Inc said on Thursday its board had urged shareholders to reject the unsolicited buyout offer from JetBlue Airways Corp. The offer …
(Reuters) – Intel Corp shareholders rejected compensation packages for top executives, including a payout of as much as $178.6 million to Chief Executive Officer Pat …
BOSTON – Proxy advisory firm Institutional Shareholders Services on Monday recommended that McDonald’s Corp shareholders vote for the company’s directors instead of the two candidates …
AMSTERDAM – Philips shareholders voted against the company’s executive compensation plan at the annual shareholders’ meeting on Tuesday, ANP reported, in a protest over the …
By Sabrina Valle HOUSTON – Occidental Petroleum Corp shareholders on Friday voted against a proposal by activist investor group Follow This to extend the company’s …
(Reuters) – Berkshire Hathaway Inc shareholders voted by an almost 9-to-1 margin to keep Warren Buffett as both chairman and chief executive, and his company …
By Jody Godoy (Reuters) – Netflix Inc has been hit with a shareholder lawsuit in a U.S. court in California accusing the streaming entertainment company …
By Jonathan Stempel and Carolina Mandl OMAHA, Neb. – Berkshire Hathaway Inc shareholders face a question that Warren Buffett sought to tackle at the company’s …
(Reuters) – Videogame publisher Activision Blizzard Inc said on Thursday that its shareholders approved Microsoft Corp’s $68.7 billion proposal to buy the “Call of Duty” …
Shareholders Defeat Woke Climate Proposals At Three Massive Banks Thomas Catenacci on April 27, 2022 Shareholders of three massive U.S. banks delivered a thumping to …
(Reuters) – A federal judge on Wednesday rejected an effort by Tesla Inc shareholders to obtain a “gag order” preventing Elon Musk from publicly discussing …
MILAN – Global Infrastructure Partners and Brookfield Infrastructure pitched a possible takeover of Italian road and airport operator Atlantia last week after talks with its …
By Brenna Hughes Neghaiwi ZURICH – UBS shareholders on Wednesday approved the bank’s climate roadmap, after its first-ever such vote faced pushback from several investors …
ZURICH – Swiss Re shareholders have been urged to vote against the re-election of Chairman Sergio Ermotti at the reinsurance company’s upcoming annual general meeting, …
ZURICH – Some shareholders in Credit Suisse do not want the bank to hold a vote in the annual meeting on absolving senior executives from …
NEW YORK, March 26, 2022 — Pomerantz LLP announces that a class action lawsuit has been filed against Butterfly Network, Inc. (“Butterfly” or the “Company”) …
TOKYO – Singapore-based fund 3D Investment Partners is pleased that shareholders of Toshiba Corp rejected the Japanese conglomerate’s separation plan, the fund said on Friday. …
SINGAPORE – Singapore Press Holdings (SPH) said on Tuesday its shareholders had approved acquisition by Cuscaden Peak, after it announced it was terminating rival bidder …
LONDON – BP’s board on Friday recommended investors vote against a shareholder resolution filed by Dutch activist group Follow This urging the British energy company …
NEW YORK, March 16, 2022 — Pomerantz LLP announces that a class action lawsuit has been filed against Butterfly Network, Inc. (“Butterfly” or the “Company”) f/k/a …
NEW YORK, March 8, 2022 — Pomerantz LLP announces that a class action lawsuit has been filed against Butterfly Network, Inc. (“Butterfly” or the “Company”) f/k/a …
By Jody Godoy – A U.S. judge has ruled that venture investor Chamath Palihapitiya, Clover Health Investments Corp and its executives must face a lawsuit …
SAO PAULO – Shareholders of Brazilian state-run power company Eletrobras approved on Tuesday the terms for the privatization of the company, according to a Valor …
– Cineworld has reached an agreement to delay final payments to disgruntled former shareholders of its U.S. division Regal, the theatre chain said on Friday, …
By Nerijus Adomaitis and Nora Buli OSLO – Norway’s Equinor will pay out $10 billion to shareholders this year after it reported record fourth-quarter pretax …
By Juliette Portala and Pushkala Aripaka – Debt-ladden Cineworld is in talks to delay payments to former “dissenting” shareholders of its U.S. division Regal, the …
– Building material maker Boral Ltd will return A$3 billion ($2.12 billion) to its shareholders using mostly proceeds from the sale of several North American …
Harry Wilmerding on December 2, 2021 BuzzFeed News employees announced Thursday that they would walk out on the job the same day that shareholders are …