Verizon Investors Urge Company to Support New Network Neutrality Rules
FEBRUARY 25, 2015: Investors in Verizon Communications Inc. (NYSE:VZ) today welcomed the Federal Communications Commission’s anticipated adoption of new network neutrality rules and urged Verizon to do the same by publicly committing not to initiate or support litigation that would undercut the rules. A shareholder proposal asking Verizon’s board to report on the risks to the company posed by its continuing opposition to net neutrality is to be voted on at the company’s 2015 annual meeting in Minneapolis on Thursday, May 7th. A similar proposal last year won 26.4% of the shareholder vote, representing $30.6 billion of Verizon shares. Verizon …
Shareholders Say Washington DC NFL Team Name Presents Heightened Reputational Risks to Stadium Sponsor FedEx
FedEx Increasingly Embroiled in Ongoing Controversy over “Redskins” Name JUNE 19, 2014 // BOSTON, MA: Investors filed a shareholder proposal with FedEx Corporation (NYSE:FDX) asking the company to “respond to reputational damage from its association with the Washington D.C. NFL franchise team” and its name controversy. FedEx possesses the naming rights to the team’s stadium, FedExField, in Landover, MD through 2026. This announcement adds to the escalating crisis for the Washington D.C. NFL team in the wake of the United States Patent and Trademark Office decision on Wednesday to cancel the team’s trademark, calling the team’s name “disparaging to Native Americans.” The team …
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