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Investors are urging firms, including Exxon Mobil, to resolve shareholder disputes outside of court to prevent long-term investor harm. CalPERS plans to vote against ExxonMobil's board. Activist investors are calling on Exxon Mobil to withdraw a lawsuit over a climate change shareholder proposal.
Exxon may set a dangerous precedent by suing shareholders over a climate-related proposal, Calpers CEO Marcie Frost said https://t.co/LToF0eMovo
California Public Employees Retirement system to vote to revoke Musk’s 2018 compensation plan https://t.co/1Vdwf2hLll
Just now on CNBC, Marcie Frost @CalPERS CEO says they will be voting against Elons comp package even though they voted for it in 2018. Cool cool Marcie loves to reneg on signed contracts. $TSLA https://t.co/Yys0YldknB
