JD Supra

Preparing for the Mandatory Universal Proxy Card and Its Potential Impacts on Shareholder Activism and Proxy Contests

Shareholder activism continued unabated in 2022 and we see very little to suggest that will change in 2023. Overall, the number of activist campaigns were up 36% in 2022.[1] However, activists ...
JD Supra

SEC Mandates Universal Proxy Cards in Election Contests

On November 17, 2021, the Securities and Exchange Commission (SEC) adopted amendments to the proxy rules mandating the use of universal proxy cards in contested elections. The new rules require both ...
The National Law Review

SEC Adopts Universal Proxy Rules

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Roll Call

More board seat battles expected as universal proxy card mandate takes effect

Universal proxy cards, mandated this month for use for the first time in U.S. corporate board elections, are promising to spice up elections for contested director seats. Gone are the blue and gold ...
The Manila Times

Leading Independent Proxy Advisory Firm Glass Lewis Recommends Shareholders Support all of Gabelli Dividend & Income Trust’s Board Nominees on the White Proxy Card at GDV’s ...

The Board of Trustees of The Gabelli Dividend & Income Trust (the "Board”) (NYSE: GDV) (the "Fund”) is pleased to announce that Glass Lewis, a leading independent proxy advisory firm, has expressed ...