Activist shareholder

Olshan Recognized as "Best Law Firm" by U.S. News-Best Lawyers® for Securities/Capital Markets, Real Estate, Commercial Litigation, Advertising, Trusts & Estates and Employee Benefits

Retrieved on: 
Thursday, November 3, 2022

Olshan's clients range from public companies, hedge, venture capital, private equity and other investment funds to entrepreneurs and private companies worldwide.

Key Points: 
  • Olshan's clients range from public companies, hedge, venture capital, private equity and other investment funds to entrepreneurs and private companies worldwide.
  • Clients choose Olshan for innovative strategies and sophisticated, game-changing advice in corporate, securities law, equity investment and shareholder activism, complex commercial, corporate and securities litigation, real estate, intellectual property, bankruptcy and creditors' rights, and advertising.
  • Since its founding, Olshan has offered an alternative to the AmLaw 50 law firm business model with responsive, independent and client-focused legal counsel provided by the firm's senior lawyers.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/olshan-recognized-as-best-law-f...

Innisfree Receives Top Proxy Solicitor Ranking in Activism in First Half Of 2021

Retrieved on: 
Tuesday, July 6, 2021

Innisfree M&A Incorporated was ranked the top Global Proxy Solicitor in the first half of 2021 by the Bloomberg Global Activism Review.

Key Points: 
  • Innisfree M&A Incorporated was ranked the top Global Proxy Solicitor in the first half of 2021 by the Bloomberg Global Activism Review.
  • Innisfree was also the overall leading proxy solicitor in the U.S based on data in the Review, as well as in activism situations at companies with market caps in excess of $1 billion.
  • Innisfree was the leading proxy solicitor for issuers in seven of the 12 business sectors listed in the Bloomberg Review: Communications, Consumer Discretionary, Financials, Health Care, Real Estate, Technology and Utilities.
  • Innisfree provides expert advice on a wide range of matters, including shareholder activism, executive compensation proposals, corporate governance issues and investor relations.

The Legal 500 US 2021 Names Olshan as a Top Tier 1 Firm in Shareholder Activism and Eight Lawyers Ranked in Practice; Advertising Practice and Two Attorneys Ranked

Retrieved on: 
Tuesday, June 15, 2021

For the second consecutive year, three of the five Leading Lawyers nationwide in the area of shareholder activism are Olshan partners.

Key Points: 
  • For the second consecutive year, three of the five Leading Lawyers nationwide in the area of shareholder activism are Olshan partners.
  • The firm has also been named as a Tier 3 Leading Firm in Advertising and Marketing: Transactional and Regulatory and Chair Andrew Lustigman and partner Tamara Carmichael were recognized as Recommended Lawyers.
  • Additionally, the practice achieved top rankings in FactSet's Flashwire Advisor Quarterly, the Bloomberg Activism Advisory League Tables and the Activist Insight Activist Adviser Awards, all naming Olshan's Shareholder Activism Practice as theleading legal advisors for shareholder activism.
  • Since its founding, Olshan has offered an alternative to the AmLaw 50 law firm business model with responsive, independent and client-focused legal counsel provided by the firm's senior lawyers.

Global Activist Investing Monthly Service: ESG Corner, Industry in Focus, Shareholder Resolutions, New Investments, The Month in Numbers, - ResearchAndMarkets.com

Retrieved on: 
Thursday, May 27, 2021

Activist Insight has been a great resource in helping to both identify and track the histories of activist investors.

Key Points: 
  • Activist Insight has been a great resource in helping to both identify and track the histories of activist investors.
  • I believe Activist Insight Monthly is 'must read' information both for activists and the advisory firms increasingly providing services around shareholder activism.
  • Activist Insight Shorts is a very useful service, which follows, sends immediate alerts about, and maintains archives of every activist short campaign.
  • They are the first to capture relevant activist filings and have the most comprehensive database of activist profiles and activist target companies.

Olshan Named a Leading Law Firm in Shareholder Activism, Advertising, Litigation and Real Estate in Chambers 2021 USA Guide; Seven Lawyers named as Leading Lawyers

Retrieved on: 
Friday, May 21, 2021

What distinguishes it is its lawyers are very strategic and understand interpersonal dynamics" and "The firm is top-notch for activist matters."

Key Points: 
  • What distinguishes it is its lawyers are very strategic and understand interpersonal dynamics" and "The firm is top-notch for activist matters."
  • Steve Woloskyprovides foremost counsel to clients in the market\'s most significant domestic and cross-border shareholder activism matters.
  • His subject matter knowledge is excellent as is his creativity in thinking through and solving problems.
  • Olshan\'s clients range from public companies, hedge, venture capital, private equity and other investment funds to entrepreneurs and private companies worldwide.

Leaf Group Board of Directors Unanimously Recommends Shareholders Approve Acquisition by Graham Holdings

Retrieved on: 
Monday, May 10, 2021

The transaction represents immediate and certain cash value to Leaf Group shareholders.\nThe Board and management team consulted extensively with Leaf Group\xe2\x80\x99s independent financial advisors and legal counsel to ensure that the merger maximized value for Leaf Group shareholders.

Key Points: 
  • The transaction represents immediate and certain cash value to Leaf Group shareholders.\nThe Board and management team consulted extensively with Leaf Group\xe2\x80\x99s independent financial advisors and legal counsel to ensure that the merger maximized value for Leaf Group shareholders.
  • As a result, the Board unanimously voted to approve the merger.\nAccordingly, the Leaf Group Board of Directors unanimously recommends that the Company\xe2\x80\x99s shareholders vote to approve the merger agreement.\nThe Board has determined that the significant and certain value offered by Graham Holdings\xe2\x80\x99 acquisition is a better outcome for Leaf Group\xe2\x80\x99s shareholders than the potential value that might be generated through continued standalone operation.
  • Site visits to Media Group properties declined by 26% in 2020 (or 14%, excluding assets that were sold in 2020).
  • Since January 2019, Leaf Group has been the subject of multiple shareholder activist campaigns relating to, among other things, the election of Directors, demands that the Company be sold and public attacks on management and the Board.

The Shareholder Commons to Present Shareholder Proposal Asking McDonald's to Disclose Systemic Costs of Antibiotics Use in Their Supply Chain

Retrieved on: 
Wednesday, May 5, 2021

The full text of the proposal is available here: https://theshareholdercommons.com/wp-content/uploads/2021/02/MCD-Proposa...\nAn exempt filing with the SEC, detailing The Shareholder Commons\' response to the company\'s objections to the filing, is available here:\nThe Shareholder Commons supported a similar shareholder proposal with Yum!

Key Points: 
  • The full text of the proposal is available here: https://theshareholdercommons.com/wp-content/uploads/2021/02/MCD-Proposa...\nAn exempt filing with the SEC, detailing The Shareholder Commons\' response to the company\'s objections to the filing, is available here:\nThe Shareholder Commons supported a similar shareholder proposal with Yum!
  • Now it\'s time for McDonald\'s to step up and also address this important systemic issue.
  • This shareholder proposal sends a clear message to McDonald\'s and to its wider shareholder base about the systemic risks to health created by the abuse of antibiotics.
  • It builds upon commitments made by the company on antibiotics in its chicken supply chain following shareholder activism in 2018 in which ShareAction was proud to play a coordinating role.

Morrow Sodali Continues its Ranking Climb – Now #1 in M&A and #2 in Activism

Retrieved on: 
Monday, April 26, 2021

In addition, Morrow Sodali climbed to the #2 position among proxy solicitors acting for corporate clients in activism situations in 2020, moving up from the #4 position in Refinitiv\xe2\x80\x99s Global Shareholder Activism Scorecard announced last month.\n\xe2\x80\x9cI am very pleased to see our investments in M&A and Activism advisory services paying off,\xe2\x80\x9d said Morrow Sodali CEO Alvise Recchi.

Key Points: 
  • In addition, Morrow Sodali climbed to the #2 position among proxy solicitors acting for corporate clients in activism situations in 2020, moving up from the #4 position in Refinitiv\xe2\x80\x99s Global Shareholder Activism Scorecard announced last month.\n\xe2\x80\x9cI am very pleased to see our investments in M&A and Activism advisory services paying off,\xe2\x80\x9d said Morrow Sodali CEO Alvise Recchi.
  • The firm acted as proxy solicitor or information agent on 72 deals, an increase of 64% from the firm\xe2\x80\x99s 44 transactions in 2019.
  • Activism activity was also up substantially for Morrow Sodali in 2020.
  • Clients include listed and private companies, mutual fund groups, stock exchanges and membership associations.\nFor further information about Morrow Sodali, please https://www.morrowsodali.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210426005198/en/\n'

Rising Shareholder Activism Mostly Harms Credit Quality, Report Says

Retrieved on: 
Wednesday, March 17, 2021

MADRID, March 17, 2021 /PRNewswire/ -- Shareholder activism targeting entities we rate reached an all-time high in 2020, fueled by a surge in environmental, social, and governance (ESG)-related campaigns, says S&P Global Ratings in a report published today on RatingsDirect: "Rising Shareholder Activism Mostly Harms Credit Quality."

Key Points: 
  • MADRID, March 17, 2021 /PRNewswire/ -- Shareholder activism targeting entities we rate reached an all-time high in 2020, fueled by a surge in environmental, social, and governance (ESG)-related campaigns, says S&P Global Ratings in a report published today on RatingsDirect: "Rising Shareholder Activism Mostly Harms Credit Quality."
  • Shareholder activists targeted 313 nonfinancial and financial services companies last year, compared to just 220 in 2019, a rise of 42% on 2019.
  • For the first time in 2020, shareholder activism led to as many downgrades in Europe as in the U.S.
  • "We expect shareholder activism to continue to increase this year, owing to a likely rise both in M&A- and ESG-related activism as a response to the global recovery from the COVID-19 pandemic," said Mr. Guba.

Olshan's Shareholder Activism Practice Ranked No. 1 Legal Adviser to Activist Investors Worldwide - Sweeps All League Tables and Publications

Retrieved on: 
Wednesday, March 17, 2021

The top ranking from Refinitiv is the latest in a series of accolades from the leading influential sources on activist rankings and league tables, including FactSet's Flashwire Advisor Quarterly, the Bloomberg Activism Advisory League Tables and the Activist Insight Activist Adviser Awards, all naming Olshan's Shareholder Activism Practice as theleading legal advisors for shareholder activism.

Key Points: 
  • The top ranking from Refinitiv is the latest in a series of accolades from the leading influential sources on activist rankings and league tables, including FactSet's Flashwire Advisor Quarterly, the Bloomberg Activism Advisory League Tables and the Activist Insight Activist Adviser Awards, all naming Olshan's Shareholder Activism Practice as theleading legal advisors for shareholder activism.
  • According to the Refinitiv Global Shareholder Activism Scorecard, Olshan's Shareholder Activism Practice led all legal advisors, by number of campaigns, with 85 during full year 2020.
  • In January 2021, named the leading legal adviser to activist investors around the globe in the Bloomberg Activism Advisory League Tables, the definitive publication of Activism advisory rankings.
  • Olshan's Shareholder Activism Practice Group is widely recognized as the premier practice worldwide in representing activist investors.