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Category: News

Nighttime shot of Disney's Epcot Center

Activist Investor Jockeys to ‘Restore Magic’ at Disney Amid Proxy Fight

Nighttime shot of Disney's Epcot Center

House of Mouse beware the machinations of Batman and Robin. Activist investor Nelson Peltz, CEO of Trian Fund Management and a longtime agitator of brand-name corporations, has launched a campaign to “restore the magic” at the Walt Disney C...

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A crop harvested in stripes

Thirty Years After ‘Informant!’ Scandal, Inquiry Probes Executive Bonuses at ADM

A crop harvested in stripes

A Midwestern agribusiness may seem like an unlikely setting for million-dollar corporate intrigue, but that’s not for lack of trying on the part of Archer-Daniels-Midland Co. Roughly 30 years after the food-processing company endured a Holl...

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Gossiping children

SEC Toughens Transparency Rules for SPACs

Gossiping children

We don’t hear much anymore in the compliance world about special purpose acquisition companies, more commonly known as SPACs. It tends to be bad when we do, such as last week’s news that the Securities and Exchange Commission slapped Northe...

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Scenic Blue Ridge Highway bypass

Exxon Bypasses SEC, Seeks Court Order to Block ESG Shareholder Proposal

Scenic Blue Ridge Highway bypass

As companies contemplate how best to respond to the rising number of environmental, social and governance (ESG) proposals from activist shareholders, Exxon Mobil has employed an unusual strategy to avoid such a vote. The oil giant is sidest...

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Team of medics with defibrillator

DEI: D.O.A. or Here to Stay?

Team of medics with defibrillator

In January of 2021, we wrote on this blog: “If there was ever a time when public companies tried to remain apolitical, it appears to be gone.” We were less than a week removed from the Jan. 6 insurrection in which protestors, enflamed by ou...

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