Trump's SEC gave companies more power over investors. Lawsuits pushed them back
Trump's SEC gave companies more power over investors. Lawsuits pushed them back is drawing significant interest across the industry.
The change has prompted at least three investor lawsuits - against AT&T, Axon Enterprises and PepsiCo - and potentially more to ?follow. By stepping back, ?the SEC injected ?uncertainty into the engagement process, said Giovanna Eichner, shareholder advocate at Green Century Capital Management, a climate-focused Boston asset manager.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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