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News and Information

July 29, 2008
Lexis Nexis - AC
Subprime/Credit Crunch Crisis And Stock Market Volatility Led To Higher Securities Class Action Filings In The First Half Of 2008, Finds Report By Cornerstone Research And Stanford Law School; Second Consecutive Half-Year With High Filings After A Two-Year Lull

By: Business Wire

 

During the first half of 2008 securities class action filings continued the rebound that started in the second half of 2007, following two years of lower activity. According to a report released today by Cornerstone Research in...


May 6, 2008
Broker Vote

By: Jim McRitchie

The April 28 issue of Financial Week carries an article, "Broker vote zaps shareholder might." In the article, Claudia Allen, with Neal Gerber Eisenberg’s Corporate Governance Practice Group, says one of the alternatives being...


January 25, 2008
CalPERS Opposes Re-Election of Seven Sanmina Board Members

By: CalPERS

SACRAMENTO, CA – The California Public Employees’ Retirement System (CalPERS) today announced it is opposing re-election of seven Board members of Sanmina-SCI Corporation because of unresolved poor stock performance and...


January 25, 2008
Institutional Investors Continue to Press Companies for an Advisory Vote on Executive Pay

By: Accountability- Central Newsroom

Shareholder resolutions filed with over 90 companies by Over 70 institutional and individual investors


January 25, 2008
NIRI Finds Companies Split on Notice and Access Adoption for 2008

By: National Investor Relations Institute

Many organizations await lessons from early adopters who are driven to the new rules by expected cost savings


November 30, 2007
SEC Adopts Proxy Rule Amendments Encouraging Electronic Shareholder Forums

By: Securities and Exchange Commission

The Securities and Exchange Commission voted today to adopt amendments to the federal proxy rules under the Securities Exchange Act of 1934 to facilitate the use of electronic shareholder forums. The amendments are expected to...


November 28, 2007
CalPERS Assails SEC Rollback of Investor Rights - Denounces Action to Deny Shareowner Access to Corporate Ballots


By: SEC

WASHINGTON, DC – The California Public Employees’ Retirement System (CalPERS) issued the following statement today about action by the U.S. Securities and Exchange Commission (SEC) on the proxy access issue:


November 20, 2007
Top U.S., International Investors Urge Sec to Table Proposed Rollback of Shareowner Rights


By: CalPERS

SACRAMENTO, CA – Eight leading U.S. and international pension funds, owning more than $300 billion in U.S. stocks, urged federal regulators today to withdraw a proposed take-away of shareowners’ use of corporate ballots to...


November 15, 2007
CalPERS Urges U.S. Senate Committee to Protect Shareowner Access to Corporate Election Ballots

By: CalPERS

Seeks Strong Message to SEC About Proposed Rule Change


October 30, 2007
Call to postpone SEC 'proxy access vote'

By: Financial Times - MSNBC - Jeremy Grant in New York

A decision before the US Securities and Exchange Commission on whether and how to allow shareholders a greater say in influencing the composition of boards should be deferred, Annette Nazareth, an SEC commissioner, said on Monday.


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