Two large proxy advisory firms exert extraordinary and pernicious influence on public companies in the U.S. Congress must act to protect American businesses and the investors whose future relies on ...

Jan 28 (Reuters) - Google said on Wednesday it has taken action to remove domains belonging to one of the largest residential proxy networks in the world, called IPIDEA, in an effort to protect ...

Jan 28 (Reuters) - Wells Fargo's (WFC.N), opens new tab wealth and investment management unit launched an internal proxy voting service on Wednesday, cutting its reliance on big proxy advisory firms ...

Wells Fargo’s WFC-5.89%decrease; red down pointing triangle wealth- and investment-management division severed ties to Institutional Shareholder Services, a person familiar with the matter said, the ...

As the climate for proxy advisors is becoming more turbulent, public companies may need to adjust their shareholder engagement strategies. Recent developments include: Federal Regulatory Scrutiny. In ...

The company said that it would ask WBD shareholders to reject the merger, reject the plan to split the company in two, and reject pay plans for its executives. By Alex Weprin Senior Editor David ...

Investment advisers can use artificial intelligence to help them make proxy voting decisions, a Securities and Exchange Commission official said. “As advisers grapple with the scale and complexity of ...

JPMorgan Chase & Co.’s asset-management unit cut ties with proxy-advisory firms and plans to use artificial intelligence to assist with voting US company shares, according to a person with knowledge ...

Our expert, award-winning staff selects the products we cover and rigorously researches and tests our top picks. If you buy through our links, we may get a commission. Joe Supan is a senior writer for ...

The pressure is building on lululemon athletica’s (LULU) board to make major changes to the athleisure company with its founder now joining the campaign. Wilson joins Elliott Investment Management in ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

PROTECTING AMERICAN INVESTORS AND RETIREMENT SAVINGS: Today, President Donald J. Trump signed an Executive Order to end the outsized influence of proxy advisors that prioritize radical political ...