The Delaware Chancery Court dismissed a lawsuit filed by James McRitchie, shareholder activist and publisher of CorpGov.net, against the board and management of Meta (Facebook’s parent), alleging that they breached their fiduciary duties by ignoring the impact of the company’s operations on the diversified portfolios of its shareholders.

?The SEC and the National Association of Manufacturers (NAM) are appealing a February decision by the District Court holding that the SEC’s rules on proxy advisory firms are invalid.

The much-anticipated April 25 annual meeting of Warrior Met Coal, at which shareholders considered five shareholder proposals filed by the AFL-CIO, provided an interesting example of how universal proxy cards can be used in novel ways to effect governance changes without directly challenging board composition.

Two new reports show that laws in Oklahoma and Texas barring investment in financial institutions that they believe boycott investment in fossil fuels have been costly for those states.