Highlighting Exxon Suit, Investors Urge Firms to Keep Shareholder Spats Out of Court

(Reuters) – A group of around 40 large European and American institutional investors on Tuesday urged companies to refrain from taking shareholders to court over disagreements relating to their proposals. The group, which represents $4.4 trillion in assets under management, highlighted the lawsuit filed by Exxon Mobil  against two activist groups, in which the oil company seeks to … Read more