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Business Organizations Keyed to Cox
CA, Inc. v. AFSCME Employees Pension Plan
Citation:
953 A.2d 227 (2008)Facts
CA is a Delaware corporation whose board of directors consists of twelve persons. CA’s annual meeting of stockholders is scheduled to be held on September 9, 2008. AFSCME, a CA shareholder, is associated with the American Federation of State. On March 13, 2008, AFSCME submitted a proposed stockholder bylaw for inclusion in the company’s proxy materials for its 2008 annual meeting of stockholders. CA notified the SEC of its intention to exclude the proposed bylaw from its 2008 proxy materials.
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