The Investor Coalition for Equal Votes (ICEV) November 30 issued a report explaining the issue of multi-class equity structures and describing remedies for mitigating their downside risk.

The SOC Investment Group is launching a proxy contest at Starbucks, nominating three candidates for the company’s board.

At the Lions Gate November 28 annual meeting, a majority of the company’s voting shareholders supported a proposal by Neuberger Berman asking the company to eliminate its dual-class share structure. The board made no recommendation on the proposal.

At a November 28 Department of Labor (DOL) event on “New Frontiers for Empowering Workers and Business”, New York City Comptroller Brad Lander announced the creation of the Labour Rights Investor Network (LRIN), a global initiative that brings together asset managers, asset owners and investment service providers committed to integrating labor rights into their stewardship practices.

The SEC issued a Compliance and Disclosure Interpretation (CDI) November 17 to answer questions about ‘overvoted,’ ‘undervoted’ and blank proxy cards in situations where a universal proxy ballot is being used.

Hacking group BlackCat filed a whistleblower complaint with the SEC after it claimed responsibility for breaching the systems of digital lending firm MeridianLink on November 7. In its complaint, the hacking group alleges that MeridianLink failed to disclose the breach in a regulatory filing within a timely manner.

The SEC issued a Compliance and Disclosure Interpretation (CDI) November 17 to answer questions about ‘overvoted,’ ‘undervoted’ and blank proxy cards in situations where a universal proxy ballot is being used.

The Institutional Limited Partners Association (ILPA) is inviting U.S.-based limited partners to sign on to an amicus brief supporting the SEC in a case challenging the commission’s Private Fund Adviser (PFA) rule.