Jeffrey Crough

Feb 5, 2024 | jdsupra.com | Jeffrey Crough |Matthew Dobbins |Sarah Morgan

ExxonMobil (“Exxon”) filed a complaint in the U.S. District Court for the Northern District of Texas on Sunday, January 21, 2024, seeking a declaratory judgment to exclude a shareholder proposal from its proxy statement pursuant to Rule 14a-8 of the Securities Exchange Act of 1934 (“Rule 14a-8”) and not present the proposal for a vote at its 2024 annual shareholder meeting.

Jan 15, 2024 | jdsupra.com | Jeffrey Crough |Michael Holmes |Robert Ritchie

A recent opinion from the Delaware Supreme Court could be viewed by some as expanding plaintiffs’ ability to viably plead a duty of oversight (or “Caremark”) claim against directors. In Lebanon County Employees’ Retirement Fund v.