The SEC urged the Fifth Circuit to avoid reopening its 2024 decision that maintained agency clout over which shareholder proposals get votes at companies’ annual meetings.
The agency told the US Court of Appeals for the Fifth Circuit on Monday it was right to dismiss a lawsuit from a self-described conservative think tank contesting the Securities and Exchange Commission’s influence over proxy ballots.
The National Center for Public Policy Research — backed by the National Association of Manufacturers — asked the full court in January to review the November ruling in support of the SEC from a three-judge panel on ...
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