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Court Upholds Limits on Shareholder Proposals
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Court Upholds Limits on Shareholder Proposals
Investing.com — A federal judge on Thursday dismissed a lawsuit against the U.S. Securities and Exchange Commission’s rule changes, which made it more difficult for shareholders to propose reforms at companies’ annual meetings. These reforms often include environmental, social, and governance (ESG) issues.Judge Reggie Walton of the U.S. District Court in Washington, D.C. did not agree with the argument that the SEC adopted the changes on a false…
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