Bruce Goldfarb
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One battle after another: Why the 2026 proxy season might be marked by activist ‘do-overs’ and M&A proposals
This year’s proxy season is likely to provide a level of excitement that would rival any Hollywood script SEC chairman Paul Atkins has ordered the Division of Corporation Finance to carry out acomprehensive review of Regulation S-K, the cornerstone of non-financial disclosure requirements for public company filings in the US. The move, announced January 13, came with a clear focus on cutting through what Atkins described as a growing volume of disclosure that may not meaningfully aid investors. Atkins said that Regulation S-K has expanded substantially since its inception in1982, and that the resulting filings can bury investors in information…
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The times they are a-changin’: the new era of institutionalized shareholder activism
The days of the old-fashioned, two-fisted activist campaigns may be numbered, writes Bruce Goldfarb The new Bob Dylan biopic,A Complete Unknown, reminds me of the Nobel laureate’s often-quoted lyric: the times they are a changin’. That metaphorically holds true relative to the trends in activism, which are shifting in form and focus, heralding the start of a new, more institutionalized era. A host of factors, including leadership transitions at high-profile activist firms, a lack of ‘low-hanging fruit’ and the tendency of company boards and their adversaries to settle rather than fight, have many in the activist world wondering if the…
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Activism: Collective voting power of retail shareholders could sway contested votes
Companies have potential to set pace for 2024 proxy season Advanced Micro Devices (AMD) has hired Ava Hahn as senior vice president, general counsel and corporate secretary. Hahn previously worked at Lam Research, where she was chief legal officer with responsibility for global legal and governmental affairs. Before joining Lam, she was executive vice president, general counsel and corporate secretary at CA Technologies, now part of Broadcom, having earlier in her career been general counsel and corporate secretary at Aruba Networks, which is now part of Hewlett Packard Enterprise. During her career, Hahn has also been general counsel with venture…