ISSUER DIRECT'S BLOG

In the Hot Seat: Investor Sues Former Uber CEO

Posted by Angie Goertz on Aug 11, 2017 8:54:17 AM

A number of news agencies, including Axios, which broke the story, Reuters and The Wall Street Journal, reported that the suit’s intention is to remove Kalanick from the board and revoke his ability to fill three board seats that he had pushed for in June 2016. The venture firm occupies one seat.

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Topics: Investors, CEO, Board of Directors, Venture Capital, Lawsuit

Looser Bank Regulations Good for Shareholders?

Posted by Angie Goertz on Aug 10, 2017 9:45:05 AM

When the Trump administration announced its intention to roll back banking regulations, which they believe slows economic growth, the reaction was delight and disappointment. How will shareholders fare? Not very well, says one economics and financial expert.

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Topics: Banks, Investors, Economic Growth, Bank Regulations, Shareholders

Avon Activist Investor Calls for CEO Makeover

Posted by Angie Goertz on Aug 4, 2017 9:51:18 AM

Surely, all the Skin So Soft couldn’t prevent the sting the Avon CEO must have felt when activist investors Barington Capital Group LP and NuOrion Partners AG called for her removal.

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Topics: Investors, Activist Investors, CEO, Shareholders

B&N Activist Investors Trying to Turn the Page

Posted by Angie Goertz on Aug 1, 2017 9:39:20 AM

Last week, a Barnes & Noble activist investor with a “meaningful” stake in the company contacted the board of directors with the recommendation to sell itself. Upon the news that the bookseller might go private, its stock bumped up by 10 percent. 

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Topics: Investors, Activist Investors, Stock

More Big Banks to Pay Millions to Investors

Posted by Angie Goertz on Jul 25, 2017 2:20:23 PM

When investors Sonterra Capital Master Fund, Hayman Capital Management LP and the California State Teachers’ Retirement System believed that a number of banks and brokerage firms had manipulated the yen-Libor rate, they sued in a New York federal court in 2015. Last week, Deutsche Bank AG and JPMorgan Chase & Co. have agreed to pay a hefty $148 million to settle investors’ claims.

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Topics: Banks, Investors, Investor Claims, Brokerage Firms

Gloves Are Off: Trian Launches Proxy Fight with P&G

Posted by Angie Goertz on Jul 18, 2017 8:22:00 AM

The Wall Street Journal reported in the early hours of Monday morning that activist Investor Trian Fund Management LP was ready to rumble with Proctor & Gamble Co. The prize? Securing a single board seat and shareholder vote for investor Nelson Patz. With a market value at $222 billion, P&G is the largest company to face a proxy fight.

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Topics: Shareholder Rights, Investors, Activist Investors, Shareholder Votes, Proxy Fight

Wells Fargo Banking on Stakeholder Relations Group

Posted by Angie Goertz on Jul 14, 2017 10:15:43 AM

As Wells Fargo’s fake account crisis played out, the wounded banking giant knew it needed to rebuild investors’ trust. To that end, it recently installed investor relations chief Jim Rowe at the helm of its new stakeholder relations group.

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Topics: Investor Relations, Investors, corporate communications

Red Alert: Rethinking Financial Report Color

Posted by Angie Goertz on Jul 11, 2017 10:03:29 AM

If your company thinks that using the color red in financial reports isn’t a problem for U.S. investors, think again.

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Topics: Financial Reporting, Investors

Testing, Testing: RIA Exams to Increase

Posted by Angie Goertz on Jun 30, 2017 12:18:48 PM

According to an Investment News report, despite a leaner Securities and Exchange Commission budget for the 2018 fiscal year beginning this October, registered investment advisors can expect more oversight, including a 5 percent increase in “risk-based examinations” to evaluate compliance with applicable regulatory requirements.

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Topics: SEC, Investors, Securities and Exchange Commision, Investment Advisors, Transfer Agents, Broker-Dealers

Activist Investor Can’t Stir Nestlé’s Strategy

Posted by Angie Goertz on Jun 26, 2017 4:24:26 PM

Despite calls for “radical change” at Nestlé from activist investor Daniel Loeb’s Third Point hedge fund, the company’s new chief executive, Mark Schneider, is standing firm with the company’s own vision for growth.

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Topics: Investor Relations, Shareholder Communication, Investors, Activist Investors, Shareholder Value