New Action Expected In The Drive For “Universal Ballots”: An SEC “Tilt” To Favor Activism? We Say It Does Not

“SEC Chief Tilts Again to Activists” the WSJ headline screamed, on page-1 of the June 26 Money & Investing section, reporting on Chairman Mary Jo Wight’s remarks at the Society of Corporate Secretaries conference where she endorsed the universal ballot idea, and urged companies to adopt one voluntarily in a proxy fight…”

Still Another Sea-Change This Season: Four Companies Sue Gadfly John Chevedden After The SEC Refuses To Grant ‘No-Action Letters’… Prompting Fast And Furious Reactions By Activist Investors

More ill-winds seem to be sweeping the streets in the run-up to the spring meeting season: So far this year, four well-known companies have sued gadfly John Chevedden, seeking to block his non-binding proposals from coming to a vote: EMC Corp., Express Scripts Holding Co., Omnicom Group, Inc. and Chipotle Mexican Grill.

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