News & Analysis as of

Dissident Shareholders Board of Directors Contested Elections

Lowenstein Sandler LLP

Securities and Exchange Commission Adopts Universal Proxies for Contested Director Elections

Lowenstein Sandler LLP on

What You Need To Know: •The new rules require the use of universal proxy cards in all contested elections. •The new rules will take effect on September 1, 2022...more

A&O Shearman

SEC Proposes Universal Proxy Cards in Contested Elections

A&O Shearman on

On October 26, 2016, the SEC proposed amendments to the proxy rules that would require the use of universal proxies in all non-exempt solicitations in contested elections of directors. The focus of the SEC proposal is to...more

Dechert LLP

SEC Proposes Amendments to Require Use of Universal Proxy Cards

Dechert LLP on

The U.S. Securities and Exchange Commission, in a 2-1 vote1, proposed amendments on October 26, 2016 to the proxy rules that would require public companies to include director candidates nominated by a dissident shareholder...more

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