The Wall Street Crash of 1929 brought about significant financial market reform. One of those reforms still in effect today is the Securities Act of 1933 (“1933 Act” or “the Act”). The Act aims to force companies offering public securities to provide “full and fair disclosure” of pertinent information.1 To foster compliance, it also provides…
Tag: Shareholder Rights
Both Valuable and Troubling: Virtual Annual Shareholder Meetings
When thinking of annual shareholder meetings, one may be tempted to think of lavish, fun-filled annual get-togethers like the type Berkshire Hathaway puts together.1 But in reality, most annual meetings are not nearly as exciting or glamorous.2 That is not to say, though, that they are not important. Annual shareholder meetings are valuable for a…