Section: May 23, 2024 | Vol 29, Issue 20
Shareholders Push Back on Musk Pay Package, Call for Director Resignations at Tesla
A group of Tesla shareholders led by New York City Comptroller Brad Lander is urging fellow shareholders to vote against CEO Elon Musk’s pay package at the firm’s June 13 annual meeting.
Judge Rules ExxonMobil May Proceed with Case Against Proponent of Withdrawn Proposal
A week ahead of what looks to be a contentious annual meeting at ExxonMobil, a judge in Texas federal district court in Fort Worth ruled that the lawsuit the energy company filed challenging a shareholder proposal on greenhouse gas emissions may proceed.
Updates from Capitol Hill
Congress Votes to Nix SEC Staff Accounting Bulletin, Biden Promises a Veto; Lawmakers Urge Federal Reserve, SEC, NCUA to Move on Rules to Rein in Risky Pay Plans for Bank Execs; and Democrats Urge SEC to Finalize Anti-Greenwashing Rules