By John Jannarone After the pandemic rendered 2020 a dead year, 2021 has seen activism come back to life with positive impacts around the world. In the U.S., a hedge fund with a microscopic stake in Exxon Mobil Corporation managed...

By Sarah Fortt, Lawrence Elbaum and Margaret Peloso of Vinson & Elkins As recently as 2015, if an investor was interested in understanding more about a company’s climate change risks and impact, it had the option of submitting a stockholder...

By Joan Conley & James Harley, Nasdaq Governance Solutions It has been a full year since corporate governance teams around the globe had to pivot their organizations’ board meetings from traditional boardrooms to virtual meeting platforms. Public companies everywhere were...

V&E Partner Lawrence Elbaum and Counsel Sarah Fortt  By Lawrence Elbaum and Sarah Fortt Board service is big business.  The U.S. market for board seats, particularly public company board seats, is almost always a buyer’s market. Companies have access to...

By Jarrett Banks Roumell Asset Management LLC filed an amended 13D on Enzo Biochem Inc. expressing its disapproval that the company hasn’t accepted Co-Founder Elazar Rabbani’s board resignation. Enzo Biochem, Inc., founded in the 1970s, has frustrated investors with a poor operational and...

Nam Tai Property Inc.’s April 26 special meeting to consider new directors has been postponed by a Caribbean court Dissident IsZo Capital Management LP recently raised its stake to 14% Nam Tai says funding remains in flux following demand letters,...

By Jarrett Banks and John Jannarone Toshiba Corp. said a potential buyout offer from CVC Capital Partners has stalled after it received a letter this week that included no specific details. Toshiba revealed a preliminary approach from CVC in early April but the company’s board soon urged...

Georgeson Managing Director Brigid Rosati & Global Head of Corporate Governance Don Cassidy   By Brigid Rosati and Don Cassidy Investor attention to a company’s environmental, social and governance (ESG) characteristics and vulnerabilities has given rise to a new form...

Shares of ViacomCBS, Discovery fell as much as 35% Friday Goldman Sachs offered very large block shares of ViacomCBS Friday afternoon – Sources Multiple prime brokers sold shares aggressively Friday afternoon Archegos typically employs high leverage on its stock positions...

Charles Gradante By John Jannarone The epic short squeeze in GameStop Corp. has become infamous as a battle between retail investors and hedge funds. But the most serious effect was – and may continue to be – a concern about settlement risk and solvency among Robinhood and other larger...