Free Android Apps Deceived Millions into Proxy Network
Google recently revealed it has dismantled what it believes to be the largest residential proxy network in the world, which was covertly hijacking around 9 million devices, including Android smartphones, computers, and smart home gadgets. Interestingly, many users were unaware this was happening since the apps appeared to function normally. Behind the scenes, these devices […]
Beretta initiates a proxy battle against US firearms leader Sturm, Ruger & Co.
Beretta’s Proxy Fight for Control Over Sturm, Ruger & Co. Italian firearm maker Beretta is reportedly initiating a proxy battle to gain control of Sturm, Ruger & Co., the largest firearms manufacturer in the U.S., according to sources familiar with the situation. The historic company, which has been around for over 500 years, holds a […]
Wells Fargo reduces dependence on major proxy advisers by implementing an internal system.
Wells Fargo Introduces In-House Proxy Voting Service On January 28, Wells Fargo’s Wealth and Investment Management division unveiled a new in-house proxy voting service. This move aims to reduce dependence on major proxy advisory firms that have recently faced scrutiny for allegedly prioritizing social issues over shareholder interests. Sources indicated that Wells Fargo has also […]
Paramount intensifies aggressive offer for Warner Bros. Discovery with a proxy contest and legal action
Paramount Skydance Intensifies Hostile Bid for Warner Bros. Discovery On Monday, Paramount Skydance ramped up its aggressive takeover attempt for Warner Bros. Discovery (WBD) by initiating a proxy fight aimed at seizing control of its board of directors. Additionally, it filed a lawsuit in Delaware seeking to enforce its all-cash offer of $30 per share. […]
Lululemon’s founder leads a proxy contest at the struggling leggings company
Lululemon Founder Initiates Board Shake-Up Amid CEO Transition The founder of Lululemon Athletica has initiated a proxy fight aimed at restructuring the board of the beleaguered yoga apparel company as it seeks a new CEO. Chip Wilson, who holds a 9% stake and ranks as Lululemon’s second-largest shareholder, has openly criticized the company’s leadership. He […]
Lululemon’s stock rises after CEO resigns; founder cautions about possible proxy fight
Lululemon Athletica’s stock saw a significant rise on Friday following CEO Calvin McDonald’s announcement of his resignation, attributed to declining sales in the U.S. and a potential proxy fight indicated by the company’s founder. McDonald, who has been with the company for seven years, will leave his position on January 31 but will continue as […]
Top Proxy Advisory Firm Recommends Core Scientific Shareholders Vote “AGAINST” Sale to CoreWeave on GOLD Proxy Card
Concerns Raised Over Core Scientific’s Sale Process Numerous issues have been highlighted regarding Core Scientific’s sale to CoreWeave, particularly around the sale process, deal structure, and valuation. Two Seas Capital LP, a significant shareholder in Core Scientific, agrees that the board’s process was flawed and did not maximize shareholder value. On October 21, 2025, Two […]
Cracker Barrel is in a proxy fight with the owner of Steak ‘n Shake.
Cracker Barrel Faces Pressure from Activist Investors Cracker Barrel is currently facing scrutiny from activist investors who have taken notice of the recent logo controversy that struck the restaurant chain. Sardar Biglari, the owner of Steak’N Shake, is challenging the reelection of CEO Julie Fels Masino and director Gilbert Davila, as stated in a securities […]
Missouri investigates proxy firms for focusing on DEI and ESG instead of returns
Missouri AG Launches Investigation into Proxy Advisory Firms Missouri Attorney General Andrew Bailey initiated an investigation this week into two prominent proxy advisory companies, accusing them of violating state consumer protection laws. He claims these companies mislead consumers regarding their priorities, particularly when it comes to putting ideology over investor returns. In a civil request […]
Xi Jinping is conducting a proxy conflict with Trump in Ukraine.
Be cautious about the seemingly benevolent Chinese proposals aimed at ending the devastating war in Ukraine. They might not be what they seem. Back in February, Chinese officials proposed that Xi Jinping host a Peace Summit involving President Trump and Russian President Vladimir Putin. Team Trump wisely declined Xi’s role as a mediator, especially given […]