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INSANE: Glass lewis - The Real Truth

State attorneys general ask SEC to scrutinize Moody’s ESG practices

In this week’s edition of Economy and Society:

Ballotpedia · Sep 30

ISS sues to block Oklahoma proxy advisor law

Institutional Shareholder Services (ISS), a proxy advisory firm that provides voting recommendations to institutional investors, sued to block an Oklahoma law requiring proxy advisors to provide additional financial analysis when recommending votes against company management.

Ballotpedia · Sep 14

Federal judge blocks New York climate superfund law

In this week’s edition of Economy and Society:

Ballotpedia · Sep 9

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Arm faces potential shareholder revolt over CEO's 'excessive' $800 million pay package — huge stock award would only be fully realised if chip designer hits $2 trillion valuation

Proxy advisers kick against Arm's proposal to approve a performance pay plan that could award CEO Rene Haas about $800 million if the chip designer reaches a $2 trillion valuation.

Tom’s Hardware · Sep 1

Five states enact proxy advisor disclosure laws

Five states — Tennessee, Oklahoma, Indiana, Kentucky, and Kansas — enacted proxy advisor disclosure laws during the 2026 legislative sessions, making proxy advisor regulation the most common ESG-related policy approach enacted this year. Kentucky and Kansas enacted their laws after Republican-controlled legislatures overrode vetoes from Democratic governors.

Ballotpedia · Aug 19

Special session recap: 2026 state ESG legislation

In this week’s edition of Economy and Society:

Ballotpedia · Aug 12

Texas sues Glass Lewis over proxy advice disclosures

Texas Attorney General Ken Paxton (R) sued Glass Lewis in Texas District Court for Collin County on July 29, 2026, alleging deceptive trade practices. Glass Lewis is a San Francisco-based proxy advisory firm that advises institutional investors how to vote at corporate shareholder meetings.

Ballotpedia · Aug 10

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Large pension funds oppose SEC climate rule rescission

In this week’s edition of Economy and Society:

Ballotpedia · Aug 5

Federal courts block proxy advisor disclosure laws in Kansas and Indiana

Federal judges struck down state proxy advisor disclosure laws in Kansas and Indiana within four days of each other in late June 2026, handing Institutional Shareholder Services (ISS) and Glass Lewis their second and third consecutive court victories against such laws.

Ballotpedia · Jul 8

California delays first emissions reporting deadline to November

In this week’s edition of Economy and Society:

Ballotpedia · Jul 1

Texas, Nebraska, Iowa, West Virginia sue ISS over ESG disclosures

Four Republican state attorneys general filed lawsuits on May 20, 2026, against Institutional Shareholder Services (ISS), accusing the proxy advisory firm of violating state consumer protection laws by failing to disclose that its voting recommendations prioritize environmental, social, and governance (ESG) policies over clients' financial interests.

Ballotpedia · Jun 3

Texas Stock Exchange CEO: exchanges can build on Exxon's retail model to rein in proxy advisors

Exxon empowered retail to beat the proxy duopoly and secure its move to Texas. The Texas Stock Exchange is scaling that strategy for all issuers.

Fortune · May 28

Texas, Nebraska, Iowa, West Virginia sue ISS over ESG disclosures

In this week’s edition of Economy and Society:

Ballotpedia · May 27

Advisers urge JP Morgan investors to vote to split chair and CEO positions

SS and Glass Lewis back shareholder resolution amid fears over power wielded by Jamie Dimon, who holds both roles

The Guardian - UK · May 10

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The Guardian - UK · Apr 23

BP board suffers triple climate rebellion from shareholders

More than 50% of voters at first AGM under new leadership oppose plans to scrap climate reporting

Evening Standard · Apr 22

BP facing tense clash over climate transparency and shareholder rights at AGM

The oil major could face investor dissent on several fronts during the meeting at its Sunbury-on-Thames hub in Surrey.

The Guardian - UK · Apr 7

BP shareholders advised to vote against chair over climate resolution exclusion

Glass Lewis says blocking of proposal to share company’s longer-term strategy at AGM raises transparency issues

The Guardian - UK · Mar 17

Canadian billionaire Stephen Smith buys 27% stake in the Economist

Weekly news magazine’s parent company makes third significant ownership shake-up in its 183-year history

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Fortune · Jan 8

Tesla’s vote wasn’t about pay. It was about who really runs the company

At Tesla’s 2025 Annual Meeting, investors chose to evaluate strategy, incentives, and governance on their own terms.

Fortune · Jan 7

Jamie Dimon's bombshell on proxy advisory delivers a body blow to the firms he called 'incompetent'

In a break that shapes the architecture of shareholder power, JPMorgan Asset Management severed all ties this week with ISS and Glass Lewis.

Fortune · Nov 16, 2025

The Trump administration gets it right on limiting the power of proxy advisory firms such as ISS and Glass Lewis

For decades, far before it became popular, we've been vocally questioning the credibility of proxy advisory firms. Jamie Dimon and Elon Musk more recently.

The Guardian - US · Nov 6, 2025

How Tesla shareholders put Elon Musk on path to be world’s first trillionaire

A staggering compensation package has been approved – but what does Musk have to do to reap the full rewards?

International Business Times · Nov 5, 2025

Elon Musk's $1 Trillion Tesla Pay Proposal Hits Resistance from Norway's Mega Fund

Norway's $2 trillion wealth fund opposes Elon Musk's $1 trillion Tesla pay plan, citing concerns over its size and shareholder impact.

Benzinga · Nov 5, 2025

Ross Gerber Says TSLA Stock Dilution Would Be Equivalent To $275 Million/Day If Elon Musk's Pay Package Passes

Investment firm Gerber Kawasaki's co-founder Ross Gerber says that Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's trillion-dollar pay package would dilute the company's share value.

Benzinga · Oct 28, 2025

Elon Musk's Trillion-Dollar Pay Plan Receives Support From Florida Fund Holding $1 Billion In Tesla Stock

The State Board of Administration (SBA) of the Florida Retirement System (FRS) has backed Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's new compensation award. The agency is responsible for managing and investing on behalf of the FRS Trust Fund and owns over $1 billion in Tesla shares. It also manages over…

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