Headquarters of the U.S. Securities and Exchange Commission in Washington, D.C. Photo: Diego M. Radzinschi/ALM MoloLamken Suit Claims New SEC Rule 'Guts' Shareholder Proposals
"It does have some pretty significant impacts on the ability to bring these proposals," said plaintiff counsel Robert Kry.
June 16, 2021 at 06:07 PM
4 minute read
Securities Litigation
Attorneys from MoloLamken are challenging a new U.S. Securities and Exchange Commission rule limiting shareholder proposals included in company proxy materials, which it claims would stifle the voice of smaller investors in corporate governance.
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