I followed the lead of Calvert and Florida SBA, as reported by ProxyDemocracy.org, and voted with management down the line. I voted through the MoxyVote.com platform but they had no “advocates” weighing in on this ADS.
Tag Archives | Calvert
Alarm Bells at Waddell & Reed
James McRitchie, 03/26/2010 ,
Shareowners of Waddell & Reed Financial Inc. will soon receive a troubling letter from CEO Henry Herrmann in advance of the company’s April 7 annual meeting. In a special solicitation filed alongside the company’s proxy statement, Mr. Herrmann claims in bold print that giving shareowners an advisory vote on his compensation and that of other […]
July 2009 News Archives
James McRitchie, 07/31/2009 ,
Mutual Funds: Pass Through Voting? Various studies have shown that mutual funds often place their own interest in asset gathering ahead of their fiduciary duties. After studying proxy voting by US funds, Jennifer S. Taub (of UMass) concludes one option might be to “borrow from British reforms by creating a uniform set of best practices […]
Archives: December 1997
James McRitchie, 12/31/1997 ,
Delaware Court of Chancery has made important rulings concerning stock option plans for directors and the issuance of stock to directors in Noerr v. Greenwood and Linton v. Everett. According to Edward P. Welch and Andrew J. Turezyn, the cases “counsel directors and their legal advisors to consider carefully such issues as fairness, disclosure to […]