A pension fund’s complaint targeting two activist investors who settled with discount retailer Big Lots last year could have far-reaching implications for insurgent fund campaigns at companies in the state and beyond.
Vyacheslav Fos, a professor in Boston College's finance department, discussed his new paper on shareholder record dates and findings that corporations can disclose such dates in ways that leave retail investors and some sophisticated shareholders in the dark.
The former activist investor and ex-president of Institutional Shareholder Services explains why insurgent fund managers no longer must resemble the corporate raider-type character portrayed in 'Wall Street' when considering director contests.
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