An investor coalition has submitted a petition to the SEC on amendments to Rule 14a-8. The petition asks the SEC to retain its role as arbiter in the no-action process, and suggests several fixes that would allow more meaningful engagement between proponents and companies. #CorpGov

Petition on SEC Rule 14a-8 Reform

I. Introduction The undersigned submit the following pursuant to 17 CFR § 201.192(a) (Rule 192(a) of the Commission’s Rules of Practice) and Section ...

corpgov.law.harvard.edu

The Nasdaq-100's new "fast entry" rule put SpaceX on the index automatically. As a result, a big chunk of Americans’ retirement savings and pensions (as well as university endowments) are now tied to SpaceX’s market value and are flying blind. See the latest from @rbreich.bsky.social #CorpGov

Is Space X Crashing?

The shares plummeted on their first day of trading on the Nasdaq-100 stock index

robertreich.substack.com

Interviews with warehouse associates and former HR employees, along with legal filings, reveal how Amazon’s growing reliance on automation appears to be removing humans from the HR process. Workers have been forced to use an app to handle all HR concerns, rather than a real person. #CorpGov

Exclusive: Inside Amazon's brutal AI-centric app-ification of HR

Ineffective chatbots, automated apps, Kafkaesque nightmares: Amazon's relentless focus on efficiency is pulverizing workers' last lifeline of relief. "I watched the human get sucked out of the job," s...

fastcompany.com

A very important hearing that highlights the ongoing issues related to fast-tracking mega IPOs into major US indexes. #CorpGov

Americans for Financial Reform@ourfinancialsecurity.org · 2mo ago

Today Rep. Maxine Waters & Natalia Renta, AFR's associate director of corporate governance & power, sounded the alarm on how new changes to the rules governing passive investments will harm workers, retirees and families. Full testimony on AFR's website: buff.ly/F3KuPTX

A new survey finds that nearly 72% of LGBTQ+ consumers say they buy fewer products from companies they perceive as “reducing diversity and inclusion commitments," such as Target, Walmart, and Amazon. #CorpGov

Target, Walmart and Amazon among brands losing LGBTQ+ consumer spending, new survey says

LGBTQ+ consumers are shifting spending toward companies they view as supporting DEI and away from those seen as retreating, HRC survey finds.

cnbc.com

Investor support for Target Chair (and former CEO) Brian Cornell fell to its lowest level ever at Target's recent AGM. As Target pursues an aggressive turnaround, investors signaled a desire for new blood among Target's leadership, not rewards for executives that oversaw years of underperformance.

'Reward for failure': Investor support for Target Chair Brian Cornell falls to lowest level ever

Target Chair Brian Cornell built the retailer into a $100 billion-plus giant, but recent struggles and underperformance have fueled investor calls for change.

cnbc.com

"Nothing will chill future IPOs more than investors taking losses because 'bad news' known to the SEC was not properly disclosed." Our letter to the SEC regarding the SpaceX IPO raises critical questions about the completeness of SpaceX's disclosures. #CorpGov

SpaceX IPO Filing Draws Investor Scrutiny Over xAI Omissions (1)

SpaceX left out key details about its acquisition of artificial intelligence startup xAI in its regulatory filing to go public, hindering investors’ ability to make fully informed decisions about the ...

news.bloombergtax.com

The SOC Investment Group has sent a letter to the SEC raising questions about the accuracy, reliability, and completeness of the disclosures in the SpaceX IPO. As other major AI-related IPOs approach, it's vital that the SEC performs rigorous and complete reviews to protect investors. #CorpGov

The SpaceX IPO will be one of the most expensive ever. Yet, many experts have questioned the valuation and profitability of the company. Our Research Director Richard Clayton notes that SpaceX will begin trading at a price 93 times its annual revenues. By comparison, Tesla trades at 17 times sales.

Want to buy SpaceX IPO? Prepare for sticker shock

The company says it’s bound only by the “laws of physics.” At $135 a share, those may include gravity.

nbcnews.com

The dual-class share structure that will be seen at SpaceX has long been a concern for regulators due to the risk to shareholders. Despite this, the SEC has been silent on the dual-class structure and the other highly management friendly governance provisions at SpaceX as the IPO approaches #CorpGov

SEC mum on SpaceX share structure that worried a 1926 US president

The opinions expressed in this column are those of the author, a correspondent for Reuters.

reuters.com

The decision to promote Target veteran Michael Fiddelke to CEO while retaining former CEO Brian Cornell as executive chair of the board represents continuity without correction after years of underperformance. We urge investors to vote against Directors Cornell and Leahy on June 10th. #CorpGov

Target leadership under fire over ‘strategic missteps’ on DEI, ICE

Investors Trillium Asset Management, SOC Investment Group and Mercy Investment Services asked shareholders to oppose the reelection of Brian Cornell and Christine Leahy at Target’s annual shareholder ...

esgdive.com

SpaceX's IPO is this week so we though it would be a good time to look at all the related party transactions

After years of strategic missteps and financial losses at Target, we would like to see a change in leadership, not a continuity of the same regime. We urge shareholders to vote against executive chair and former CEO Brian Cornell and lead independent director Christine Leahy on June 10th. #CorpGov

Labor-Affiliated Investor Group Urges Target Shareholders To Vote Against Former CEO

Target has come under fire from a group of labor-backed investors, which is urging shareholders to vote against the executive chair and former CEO, Brian Cornell.

forbes.com

SpaceX's extremely management favourable governance structure should raise red flags among investors. “Investors should be wary of forgoing seemingly all of the accountability mechanisms that have been associated with the term ‘corporate governance’ for the past half-century.” #CorpGov

SpaceX Rebuked by Activist Shareholder Over Governance Structure

An activist shareholder group cautioned investors against purchasing SpaceX stock when it goes public, as the company’s unusual governance structure leaves shareholders few avenues to hold management ...

news.bloomberglaw.com

The SOC Investment Group urges investor caution in the upcoming SpaceX IPO. SpaceX's governance combines supervoting, mandatory arbitration, and strict rules on shareholder proposals to significantly restrict shareholder rights. Experts have also questioned the valuation of the IPO. #CorpGov

In 2024, Alphabet filed a letter to the Department of Labor stating that immigration policies of the time were limiting the Company’s ability to hire top global AI talent. In 2026, immigration policies have become even more restrictive, yet Alphabet has not updated its disclosures to shareholders.

Target is trying to earn consumer trust back after the decision to roll back diversity, equity, and inclusion initiatives last year. However, some Black business owners remain alienated, both from the remaining stain of the DEI roll back, as well as how Target handled their brands prior to it.

Target has alienated Black-owned brands, founders say, as some startups vanish from its shelves

A year after pulling back on some DEI programs, Target views 2026 as a comeback year, but some Black founders have soured on the retailer.

modernretail.co

Grocery sales accounted for nearly 60% of Walmart's net sales in the US in 2025 and over 70% of Walmart's produce comes from US farms. Undocumented farmworkers account for 42% of hired farmworkers in the US. We encourage shareholders to vote FOR Proposal #7 at Walmart's AGM on June 4th. #CorpGov

Target has committed strategic and operational missteps that have alienated customers and caused significant financial loss, putting shareholders at risk. We believe a change in leadership is needed to reestablish good governance and encourage shareholders to vote against Directors Cornell and Leahy

Labor-Backed Investor Group Urges Target Shareholders To Vote Against Former CEO

Target has come under fire from a group of labor-backed investors, which is urging shareholders to vote against the executive chair and former CEO, Brian Cornell.

forbes.com

US immigration policy is rapidly changing, putting unprecedented pressure on companies' workforces and operations. We encourage shareholders to vote FOR Proposal #7 at Walmart and Proposal #10 at Alphabet, requesting reports on the impact of immigration policies at the respective companies. #CorpGov

Target had significantly underperformed during Directors Cornell and Leahy’s tenure, impacting long-term shareholder value. The decision to promote company veteran Fiddelke to CEO while retaining his former boss, Cornell, as executive chair and special adviser is continuity without correction.

Target leadership under fire over ‘strategic missteps’ on DEI, ICE

Investors Trillium Asset Management, SOC Investment Group and Mercy Investment Services asked shareholders to oppose the reelection of Brian Cornell and Christine Leahy at Target’s annual shareholder ...

esgdive.com

Target has suffered years of strategic and operational failures that have eroded shareholder value, brand reputation and customer trust. To restore confidence in board leadership, the SOC Investment Group and other investors urge shareholders to vote against Directors Cornell and Leahy. #CorpGov

Investor group urges Target shareholders to vote out board leaders By Investing.com

Investor group urges Target shareholders to vote out board leaders

investing.com

Amazon unilaterally excluded new shareholder proposals filed at Amazon and failed to meaningfully engage with shareholder proponents. We encourage shareholders to vote against Directors Rubinstein, Gorelick, Ng, and Stonesifer due to Amazon's poor shareholder engagement and governance practices.

SpaceX's IPO registration statement says the company combines supervoting shares, mandatory arbitration, strict rules on shareholder proposals and TX corporate law to give control to Elon Musk and other insiders. This is a concerning restriction of shareholder rights and management accountability.

The SpaceX IPO and the lost battle for shareholder rights

I've lost count of all the stories I've written that quote fancy investment bosses decrying the rise of unequal proxy voting rights that entrench the power of corporate insiders. Here's one from a dec...

reuters.com

Numerous pension funds and asset managers are opposing directors of companies taking advantage of SEC changes to unilaterally exclude proposals from the ballot. Amazon was one of this year's biggest offenders. We urge shareholders to vote against Directors Rubinstein, Gorelick, Ng, and Stonesifer.

Investors putting US boards on notice over shareholder proposal omissions

Large pension funds and asset managers have opposed multiple directors at firms which have excluded proposals under new SEC regime.

responsible-investor.com

Amazon's board is using the SEC's rule changes as a loophole to silence shareholders. That’s not governance—that’s avoidance. We urge shareholders to vote against Directors Rubinstein, Gorelick, Ng, and Stonesifer. #CorpGov #ShareholderRights

Amazon excluding shareholder proposals was a governance decision that reflects the board's stance on transparency and shareholder rights. We encourage shareholders to vote against the responsible directors; Directors Rubinstein, Gorelick, Ng, and Stonesifer. #CorpGov #ShareholderRights

New York City, New York State, and CalPERS join the calls of concerns surrounding the SpaceX IPO, saying it "would constitute the most management-favorable governance structure ever brought to the U.S. public markets at ⁠this scale." #CorpGov #ShareholderRights

Exclusive: New York, California pension leaders oppose 'extreme' SpaceX control structure

Leaders of three of the biggest U.S. public pension systems said they have major concerns over SpaceX's

reuters.com

SpaceX prepares to IPO with unequal voting rights, raising concerns from experts. Of the 10 largest US IPOs since 2011, most have leaders ⁠with a significant share of voting power. Over the last five years none have beaten the total shareholder return of 108% recorded by the Nasdaq 100 index.

The SpaceX IPO and the lost battle for shareholder rights

I've lost count of all the stories I've written that quote fancy investment bosses decrying the rise of unequal proxy voting rights that entrench the power of corporate insiders. Here's one from a dec...

reuters.com

We joined NYS Comptroller and CalPERS in raising concerns over reports that SpaceX’s proposed IPO structure could give Elon Musk near-total control with limited shareholder accountability. As 3 of the nation’s largest pension systems we are calling for stronger governance protections. 👇️ Link: