Proxy Contest

Objective

Investigate the board slate put forward by an activist investor in a proxy contest.

Results

Our investigation revealed that one director nominee had previously been accused of sexual harassment. While the subject was never named as a party in legal proceedings, and there was no media coverage of these accusations, our research – which encompassed not just the subjects themselves, but also their corporate affiliations – revealed references to the subject’s professional title in certain court filings. These findings allowed us to identify legal documents alleging that the subject had sexually harassed employees.

Value-add

The client was able to use the information uncovered by our thorough, leave-no-stone-unturned approach to research to mount a defense against the activist.