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    1. Twitter Shareholders Sue Elon Musk For Sowing Confusion To Drive Down Price Of Deal

      Twitter Shareholders Sue Elon Musk For Sowing Confusion To Drive Down Price Of Deal

      The latest in the Twitter-Elon Musk circus has shareholders of the social media company seeking class action status for a lawsuit against the billionaire Tesla founder, alleging unjust enrichment, false statements and stock manipulation in order to lower the price or walk away from the $44 billion deal he’d agreed to...

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      Mentions: Twitter Tesla lawsuit
    2. Corporate Boards Will Get More Diverse In 2021 With Social Justice Jolt, New Regs, Covid Impact

      Corporate Boards Will Get More Diverse In 2021 With Social Justice Jolt, New Regs, Covid Impact

      A bold proposal by the Nasdaq stock exchange early this month may give U.S. corporate boards the biggest nudge yet to seat diverse directors increasingly seen as key to both good business and social justice as investors across industries focus more on melding the two...

       

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    3. Influential Advisory Firm Urges Shareholders To Just Say No To Big Media And Big Tech Executive Pay Policies

      Influential Advisory Firm Urges Shareholders To Just Say No To Big Media And Big Tech Executive Pay Policies

      Institutional Shareholder Services, an influential de facto corporate watchdog, is advising stockholders to vote no on executive compensation for NetflixComcastand Google parent Alphabet at annual meetings this week and next, while slamming the pay criteria at Facebook...

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    4. Fox Corporation Imposes Temporary Executive Pay Cuts Amid Coronavirus Pandemic

      Fox Corporation Imposes Temporary Executive Pay Cuts Amid Coronavirus Pandemic

      Fox Corp. is the latest major media company to implement cost-cutting measures to mitigate the impact from the COVID-19 pandemic by temporarily cutting pay cuts for executives at the VP and above. Executive chairman-CEO Lachlan Murdoch just announced the move in an internal memo. Read it below...

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    5. Netflix Shareholders Raise Governance Issues At Annual Meeting

      Netflix Shareholders Raise Governance Issues At Annual Meeting

      Investors supported a number of stockholder proposals that would give investors a role in the nomination of directors and the ability to make changes with a simple majority vote. “The voice of shareholders is being ignored and has been ignored for many years,” said James McRitchie, publisher of a popular corporate governance portal CorpGov.Net. “Once again, let’s send a message to the board...

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