Section: December 12, 2024 | Vol 29, Issue 46
CII Weighs in On Shareholders’ Rights in the E.U.
CII sent a letter December 12 to the president of the European Commission offering CII’s recommendations on key topics affecting shareholders’ rights as the College of Commissioners defines its priorities for the coming years.
Circuit Court Rescinds Nasdaq Listing Rule on Board Diversity
The New Orleans-based 5th U.S. Circuit Court of Appeals ruled December 11 in a 9-8 vote that Nasdaq rules, which require listed companies to have diverse boards or explain why they do not, go beyond the SEC’s scope.
Investor Groups Press for Second Term for SEC Commissioner Crenshaw
A coalition of more than 40 organizations, including Public Citizen, Americans for Financial Reform, and the AFL-CIO, sent a letter to U.S. Senators December 12 urging them to vote to confirm SEC Commissioner Caroline Crenshaw for a second term at the commission.
Former Executive’s High Advisory Fees Likely Led to Failed Say-on-Pay Vote
A majority of Viatris shareholders voted against the company’s say-on-pay proposal at the Pennsylvania-based pharmaceutical company’s December 6 meeting.