“The board has failed to help develop and oversee a strategic plan to respond to a rapidly-changing retail landscape,” the investors said.
Almost two-thirds of companies are seeing their stock prices underperform industry benchmarks, with the average underperformance at 7%.
The company is spinning off its Otis and Carrier businesses in a "pivotal" move to "drive sustained growth."
Unless your company is big, profitable, and a category leader, the wisest choice may be to wait.
The commission will no longer be short-handed after the Senate confirms the appointments of Robert Jackson and Hester Peirce.
Here's a three-step plan for becoming more proactive in challenging the business and identifying new opportunities.
Jeffrey Eberwein and Charles Gillman allegedly failed to properly disclose material information about their activist efforts involving five companies.
The sale to Chinese aviation conglomerate HNA comes amid pressure on CIT from activist investors to dispose of noncore assets.
The SEC has been working on a rule that could give activist investors an edge in contested board elections.
Activist investors are bigger and hungrier than ever. Here’s how to keep them at bay.
Activists won proxy wars with companies about 75% of the time in 2014.
Governance issues are often front and center in the target range of investor activism.
