Jilted Conservatives Whose Mail Vanished Sue Airbnb Over Proxies

Airbnb Inc. is the epitome of digital, frictionless, the-world-at-your-fingertips capitalism — unless you want to file a shareholder proposal. Then it’s all about paper, shipping labels and who’s manning the mailroom.

That’s the central complaintfrom two Airbnb investors who filed a joint lawsuit earlier this month accusing the short-term rental company of pulling a vanishing act with both of their shareholder proposals. Conservative activist investors the Heritage Foundation, the think tank behind Project 2025, and American Conservative Values ETF (ticker ACVF) say they separately mailed physical copies of proposals — as required by company bylaws — to Airbnb headquarters in December and have FedEx ...