ShareholderRights

Key Investor Backs Elliott Management's Board Nominees in Phillips 66 Proxy Showdown

2 months ago

In a significant development within the energy sector, major investor with a stake in Phillips 66 has thrown their weight behind Elliott Management’s nominees for the company’s board of directors amid a heated proxy fight. This backing is poised to intensify the ongoing battle for influence over the company's strategic decisions, as both sides prepare for the upcoming shareholder vote.

Musk's Legal Setback: Investor Suit Over Twitter Acquisition Moves Forward

2 months ago

In a recent legal development, Elon Musk has suffered a significant defeat in his attempts to fend off a lawsuit from investors pertaining to his contentious acquisition of Twitter. A judge has ruled that the lawsuit, which accuses Musk of engaging in deceitful practices during his transition of Twitter from public to private ownership, will proceed in court.

Controversy Erupts as Delaware Judge Faces Backlash After Rejecting Musk's Massive Payday

6 months ago

A Delaware judge has sparked significant controversy following a recent ruling that rejected a $55 million compensation package for Tesla CEO Elon Musk. The decision has ignited a fierce debate about executive pay structures and the responsibilities of corporate boards. More than just a legal dispute, it has turned into a battle over principles and accountability in the corporate world.

Judge Rejects Musk's Controversial Tesla Pay Package: A Major Setback for the CEO

6 months ago

In a significant legal development that may have far-reaching implications for corporate governance and executive compensation, a judge has ruled against Elon Musk's extravagant compensation package from Tesla. The decision was delivered on December 3, 2024, in a case that has garnered extensive media and public attention due to the large sums involved and Musk's high-profile status as a business magnate.

NVIDIA Shareholder Case: Supreme Court Expresses Caution on Broad Rulings

7 months ago

In a pivotal hearing held on November 13, 2024, the Supreme Court of the United States conveyed its hesitance regarding a potential sweeping judgment in a significant shareholder lawsuit against NVIDIA Corporation. The case, which has drawn considerable attention due to its implications for corporate governance and shareholder rights, revolves around allegations concerning misleading statements made by the technology giant.