Survey Shows Companies Slow to Embrace E-Proxy

Law360, New York (May 22, 2008, 12:00 AM EDT) -- New e-proxy rules established by the U.S. Securities and Exchange Commission went into effect Jan. 1, yet only a handful of Fortune 100 companies are taking advantage of new online options allowed by the regulations, a survey by law firm White & Case LLP has revealed.

Under the new “e-proxy” rules, companies can, if they choose, mail shareholders a notice that proxy materials are available online, instead of mailing them the usual full packet of proxy materials.

White & Case securities partner Colin Diamond conducted a...
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