Michael Verrechia, Managing Director, M&A and Activism Advisory Group, Morrow Sodali, explains how many companies with significant retail shareholder populations don’t do enough to engage with these investors. In his experience of more-than 20 years, he has observed companies cut down on communications with retail shareholders as a cost savings measure. “If you’re a retail shareholder with a significant investment, you may not move the needle share wise by yourself but you still have a significant investment in the company and you don’t want to feel neglected,” he adds.
CorpGov and The Palm Beach Hedge Fund Association hosted the 2022 Winter Activism Forum on Feb. 16 featuring leading market participants and advisors who have consulted on board intelligence and the most prominent activism campaigns in recent years. A complete report with more videos can be found here.