“‘Communications on material issues central to informed investor decision making is the underpinning of our free market system,’ said Andy Behar, the chief executive of the prominent shareholder activist organization As You Sow.” Read More →
Read More“Ultimately, Behar said, limiting small investors’ options for holding corporations accountable removes incentives for those companies to constructively engage with advocates. ‘Companies generally sit down with us,’ he said, noting that As You Sow had more than 100 such engagements last year alone. ‘It’s all part of a process.’” Read More →
Read More“The SEC ‘was founded in 1934 to provide communication between shareholders — to create trust between companies and their beneficial owners — and now they are no longer going to be helping shareholders,’ said Andy Behar, the CEO of As You Sow, in an interview.” Read More →
Read More“As You Sow has led a chorus of critics after the SEC reversed its long-standing practice of allowing smaller shareholders to file Notices of Exempt Solicitation on the SEC’s EDGAR system, calling the move a ‘significant setback for shareholder democracy and informed capital markets.” Read More →
Read More“Andy Behar, CEO of As You Sow warned that ‘restricting exempt solicitations to the few largest investors harms the core tenets of capitalism – information and trust between corporations and their beneficial owners’.” Read More →
Read More“As You Sow said the new policy ‘risks chilling legitimate shareholder speech and weakens the fundamentals of a strong market.’” Read More →
Read More“Shareholder advocacy nonprofit As You Sow said Friday that a potential repeal of Rule 14a-8, and potential changes to the shareholder proposal process, ‘entirely ignores the financial benefits and pecuniary outperformance resulting from shareholder proposals.’ " Read More →
Read More“The SEC ruled for shareholders in around 40 per cent of shareholder proposal cases. Its disappearance from the fray would remove a vital platform for recalibration and stability,” Danielle Fugere, president of As You Sow, told Sustainable Views." Read More →
Read MoreGreen America, Americans for Financial Reform (AFR) and As You Sow delivered the signatures today to the SEC at its Washington, D.C., offices at 100 F Street NE. Signatures also were gathered by Public Citizen and Interfaith Center on Corporate Responsibility (ICCR). Read More →
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