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Shareholder Activists Are Just Getting Started – Above the Law



Ed.
Note:

Welcome
to
our
daily
feature

Trivia
Question
of
the
Day!


According
to
David
Rosewater,
head
of
Morgan
Stanley’s
shareholder
activist
defense
practice,
public
campaigns
by
shareholder
activists
were
up
how
much
in
2024
over
the
year
prior?


Hint:
Disney,
News
Corp.,
Norfolk
Southern,
and
Southwest
Airlines
all
saw
very
public
battles
in
the
past
year.
And
Rosewater
expects
the
trend
to
continue,
“There
is
a
tremendous
amount
of
activity
kind
of
under
the
surface
that
I
expect
to
sort
of
ramp
up
more
significantly
into
next
proxy
season.”



See
the
answer
on
the
next
page.