First quarter of 2023 had some of highest activist shareholder activity ever, say equity investor counsel

JUL 31, 202336 MIN
ABA Journal: Asked and Answered

First quarter of 2023 had some of highest activist shareholder activity ever, say equity investor counsel

JUL 31, 202336 MIN

Description

As stories of some CEOs' outrageous behaviors continue, the amount of activist shareholder activities keeps growing, say Kenneth Mantel and Megan Reda, partners at Olshan Frome Wolosky in New York. They represent investment funds, family offices and people trying to bring change at public companies—and maybe get a seat on the board.