For over a decade, shareholder activism has been on the rise, affecting an increasing number of publicly-traded companies. Essentially a re-brand of the 1980s-era “corporate raiders,” today’s activists are primarily institutional shareholders that seek to profit by forcing change at companies – whether by seeking board seats, pursuing managerial purges, or effectuating transactions for short-term gain. Shareholder activism is a battle for corporate control, accomplished largely through proxy fights and publicity campaigns. This Teleforum provides an overview of the shareholder activism landscape, strategies and counter strategies to protect against activist tactics, and will assess the prospect for legal reforms intended to stem the flow of activist campaigns.
Featuring:
Jason Levine, Litigation Partner, Vinson & Elkins LLP
Lawrence Elbaum, Co-head of Shareholder Activism Practice, Vinson & Elkins LLP
Teleforum calls are open to all dues paying members of the Federalist Society. To become a member, sign up here. As a member, you should receive email announcements of upcoming Teleforum calls which contain the conference call phone number. If you are not receiving those email announcements, please contact us at 202-822-8138.