By Joe Mont2018-02-16T10:45:00
SEC Commissioner Robert Jackson is urging exchanges to prohibit companies with dual-class shareholder structures from listing if that arrangement does not include sunset provisions.
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2019-03-04T10:30:00Z By Joe Mont
The Council of Institutional Investors is expressing “deep concern” about Lyft’s initial public offering filing, because it implemented a dual-class share structure lacking “sunset provisions to unwind it within a reasonable time period.”
2018-10-29T13:00:00Z By Joe Mont
The Council of Institutional Investors has filed petitions with the New York Stock Exchange and Nasdaq asking them to limit listings of companies with dual-class share structures.
2026-03-06T19:41:00Z By Natalia Taft CW guest columnist
Changing governance and internal controls in response to recent enforcement actions cannot mask a fundamental deficiency: remediation is not changing the way decisions are being made, allowing the same mistakes to happen over and over.
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