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Illumina calls Icahn strategy “sloppy” as stock sinks📉 bit.ly/3VRdPlN
As part of his proxy battle, Icahn published numerous open letters to shareholders pointing to “red flags” at $ILMN. Illumina hit back on Monday, calling Icahn’s plan “sloppy and uninformed.”
Tesla board nominees face proxy advisor opposition ⚡bit.ly/3M6p2M5
ISS is recommending $TSLA shareholders vote against the renomination of current board chair Robyn Denholm. Glass Lewis came out against the nomination of JB Straubel, Tesla co-founder and one-time CTO.
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Should LivePerson replace controversial CEO Robert LoCascio?🕴️bit.ly/3LCgRpi
Starboard nominated a slate of directors at $LSPN, arguing the current board has failed to hold $LPSN CEO Robert LoCascio accountable for a dramatic decrease in performance and value.
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Cano Health sued to reopen board nomination window ⚖️ bit.ly/418LCrQ
Sternlicht and associates are suing Cano Health in attempt to force the board into reopening its director nomination window. The activist group, which owns 36% of $CANO, filed the lawsuit last Friday.
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Politan relaunches proxy battle at đź‘Ąbit.ly/44rd4UF
Politan reignited a proxy battle with Masimo this week by nominating two candidates to the medical device maker’s five-person board. $MASI
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Icahn’s firm sinks 35% after Ponzi allegations 📉 bit.ly/3HC7q8o
Icahn Enterprises shares plummeted on Weds. after a report released from Hindenburg Research alleged a “Ponzi-like” business structure; $IEP had been trading steadily around $50, and closed ~$32 on Weds.
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Should Tesla prepare Elon Musk succession plan?👨bit.ly/3HC7q8o
Sumtris ehf, an Icelandic $TSLA holder, filed a shareholder proposal ahead of Tesla's May 16 AGM, asking for a public report on its “key-person risk” and succession plans in the event of Musk's departure.
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$PBI board challengers earn ISS and Glass Lewis backing ✏️ bit.ly/3oTBtBM
Hestia seeks to replace 5 current board members at $PBI (incl. CEO Marc Lautenbach) with new candidates. Last week, endorsed 4 of Hestia’s five candidates, Glass Lewis endorsed 3.
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Kraft Heinz sets plastic reduction goal under shareholder pressure⏱️ bit.ly/3AJmsFz
has committed to cut its use of so-called “virgin plastic” by 20% by 2030. $KHC plans to meet that target by introducing more recycled plastics, as well as alternatives.
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Cano Health activists slam chairman appointment as “slap in the face"🥊 bit.ly/3nnu8dw
Sternlicht and company, who together own 36% of $CANO, criticized Trujillo’s appointment as chairman in an aggressive open letter last week. $CANO is down 28% since the appointment.
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Should replace CEO Marc Lautenbach?🕴️ bit.ly/42690ao
Hestia Capital launched a proxy battle this month at $PBI, nominating five director candidates and pushing to replace longtime CEO Marc Lautenbach with its own candidate, Lance Rosenzweig.
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the future of collective participation by retail to rival the big guys is growing via 🚀
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Want to be Troop's 1000th user? Not only will you get bragging rights, but we're sending a surprise gift... ✨
Join the Troop: bit.ly/3LaWxLL
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Should Illumina add Icahn candidates to its board?🕴️bit.ly/446J3t3
$ILMN set its proxy vote for May 25, calling for shareholder support for its nine-director slate against 's nominees. Icahn has since released two shareholder letters against $ILMN.
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Seven & i slams ValueAct board nominees, defends 7-Eleven plan✍️ bit.ly/3nclmin
$SVNDY released a shareholder letter and presentation last week that criticized ValueAct's four board nominees and defend its own plan to keep 7-Eleven under its conglomerate structure.
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Should opioid settlements impact pharma executive compensation? đź’Š bit.ly/44lkrNt
Investors are pushing to hold executives more liable for $JNJ's expensive role in the opioid crisis with a shareholder proposal seeking to reevaluate exec. compensation.
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I'm watching today as shareholders vote on resolutions demanding that , , and set stronger climate targets and stop financing fossil fuels.
Not meeting these commitments puts our planet and financial system at huge risk.
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, and hold their shareholder meetings on April 25th, 's annual meeting will be held on May 16th 🗓️
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Milestone Unlocked🔓💜
$CANO shareholders overwhelmingly expressed their support for the demands of Cano Health's resigned directors via a poll on the Troop app.
Read our shareholder-backed letter to the Former Directors of Cano Health: files.troop.com/letters/cano-h
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Fox shareholder sues Murdochs over 2020 election coverage đź“ş bit.ly/3ow3zmn
A $FOX shareholder has sued Rupert and Lachlan Murdoch, along with three other directors, over the network’s coverage of the 2020 presidential election.
Cano Health replaces chairman under pressure from ex-directors🕴️bit.ly/3UTcPx5
$CANO announced Solomon Trujillo as new chairman, replacing CEO Marlow Hernandez, hours after ex-exec trio requested reopening of the window to nominate new candidates at this spring’s AGM.
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Icahn demands drop Grail antitrust appeals bit.ly/3MVx4bL
Carl Icahn showcased his vision for Illumina’s future in a slide deck, reaffirms his calls for the company to oust CEO and stop appealing orders by both the and to divest Grail.
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USER SUBMISSION: Should Cano Health CEO Marlow Hernandez resign? đź’bit.ly/3KYeU7F
Former Cano Health board members want Cano's current CEO to resign, along with strategic changes. $CANO is up ~50% since the trio formed a shareholder group and announced their campaign.
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