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Examining the Surge in Companies Adopting Unilateral Advance Notice Bylaws

A number of public companies have unilaterally adopted a bevy of advance notice bylaws recently, including one that some investors consider extreme and that has triggered a lawsuit against Masimo Corp in the Delaware Court of Chancery. Some companies believe that the provisions are necessary to protect and inform investors and are especially needed now in response to the SEC’s recent requirement for universal proxy cards in contested elections. But many investors say the measures go too far in their demands concerning nomination of directors. Join our guest speakers as they discuss the reasons behind the recent surge in adoption of these bylaws and the implications for investors, on Wednesday, December 21, at noon EST. CII’s Tracy Stewart will moderate, with member Q&A to follow.

Dec 21, 2022 12:00 PM in Eastern Time (US and Canada)