ExxonMobil has recently filed a lawsuit against Follow This, an Amsterdam-based investor activist group, and Arjuna Capital, a registered investment adviser. The suit claims that the activist proposal violates SEC rules for investor petitions, which disallow resubmitting proposals that do not gain investor support over time.
Battle over access and transparency intensifying
With lobbying in Europe being focused in Brussels, there are increasing calls for the organisation and activities thereof to be more clear. How does it work exactly?
