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Whole Foods No-Action Letters Management Proposals

McGuireWoods LLP

SEC Staff Legal Bulletin Clarifies Shareholder Proposal Exclusion Analysis

McGuireWoods LLP on

The Securities and Exchange Commission’s (SEC’s) Division of Corporation Finance (Division) has issued Staff Legal Bulletin No. 14H (SLB14H), which contains guidance on the exclusion of shareholder proposals that...more

Goodwin

SEC Issues New Guidance on Excluding Shareholder Proposals under Rule 14a-8

Goodwin on

On October 22, 2015, the staff of the SEC Division of Corporation Finance issued Staff Legal Bulletin No. 14H (SLB 14H), which provides significant guidance for companies about the Staff’s views on the scope and application...more

Proskauer Rose LLP

SEC Timeout on Proxy Access Issue Has Wider Implications

Proskauer Rose LLP on

On January 16, 2015, the SEC withdrew its December 1, 2014 no-action letter in which it concurred with the view of Whole Foods Market, Inc. that the company was entitled under SEC Rule 14a-8(i)(9) to exclude from its proxy...more

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