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Sufficient Nexus Injunctive Relief

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Third Circuit Opinion Raises Uncertainty for the Ordinary Business Exclusion in Shareholder Proposals

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On July 6, 2015, the U.S. Court of Appeals for the Third Circuit issued its opinion in Trinity Wall Street v. Wal-Mart Stores, Inc. The holding permitted Wal-Mart Stores, Inc. ("Wal-Mart") to exclude a shareholder proposal...more

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