This insightful report from Morrow Sodali offers a summary of how the SEC has dealt with challenges brought by companies to exclude shareholder proposals from their proxy statements in the 2022/2023 season.
It includes:
- statistics and analysis on 2023 season trends and comparisons to the 2021/2022 season
- how the SEC’s adoption of staff legal bulletin (SLB) 14L has affected the 2023 season trends and companies' ability to challenge shareholder proposals
- 4 case studies on requests for reconsideration and their outcomes from the 2023 season, including examples regarding 'anti-ESG' proposals
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