Developments in Securities Regulation, Corporate Governance, Capital Markets, M&A and Other Topics of Interest. MORE

It was bound to happen.  Some of this you cannot make up.

Span-America proposed a non-binding frequency proposal of every two years.  The initial 8-K indicated an annual preference (630,375 votes) instead of a biennial preference (607,743).
But wait.  An 8-K/A has been filed recasting vote results.  Annual votes  of  638,715 versus biennial votes of 717,096.

An obscure, small cap issuer for sure.  Can it happen again for a larger cap stock?  What do you think?

Check dodd-frank.com frequently for updates on the Dodd-Frank Act and other important securities law matters.

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