Public companies are required to provide disclosure in their proxy statements regarding the quorum necessary to convene a shareholder meeting, the vote required for shareholder approval of each proposal to be considered at a meeting, and how votes will be counted, including the treatment and effect of abstentions, broker non-votes, and withhold votes. Further, the proxy cards that are distributed to shareholders in connection with a shareholder meeting must clearly indicate the voting choices available to shareholders for each proposal. Continue reading >