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Simple English definitions for legal terms

proxy statement

Read a random definition: casualty gain

A quick definition of proxy statement:

A proxy statement is a document that a company gives to its shareholders before a meeting. It tells them what they will be voting on, like choosing new leaders or deciding on important business deals. The government makes sure companies follow rules when they make these statements.

A more thorough explanation:

A proxy statement is a document that public companies have to give to their shareholders before a shareholder meeting. The Securities and Exchange Commission (SEC) makes companies follow Schedule 14A when they file their proxy statement. Companies use a Form DEF 14A to file their proxy statements. Proxy statements explain proposals that shareholders will vote on, like electing new directors, deciding on executive compensation plans, and voting on important transactions.

Let's say you own some shares in a company. The company wants to make some big changes, like hiring new executives or merging with another company. Before they can do that, they have to get approval from their shareholders. They'll send you a proxy statement that explains what they want to do and asks for your vote. You can vote in person at the shareholder meeting or by filling out a proxy card and sending it back to the company.

Another example could be a company proposing a new policy that would affect the environment. The proxy statement would explain the policy and ask shareholders to vote on whether or not to approve it.

These examples show how a proxy statement is a way for companies to communicate with their shareholders and get their input on important decisions.

proxy | prudence

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14:21
The yalies are looking quite a bit more polished
This site is the top result in bing when you search " tear-open license". This is how I landed here. How did you achieve such brutal SEO optimization?
14:33
search engine optimization optimization. optimized
Concorde we are
You and I will be free at last!
We will be among the first wave tuesday you better believe it
babycat
14:35
@milktoast: it is hard to advance in a career when you look unpresentable. Yalies prob need to look polished to do more impressive things. that's why they're the crème de la crème
babycat
14:36
@milktoast: other theory is that people who don't go to HLS are wearing HLS gear to obtain vicarious prestige
BulbasaurNoLikeCardio
14:45
@babycat: I had a dip shit soldier who couldn’t even be trusted to visually check if tires are flat wearing a shit ton of Harvard gear because he got into their online program and it gave him full access to their gear store. Like this dude was such a dumbass he forgot to wear a shirt once and we had to check if he wore socks daily.
babycat
14:46
lmaoo I feel your pain, I have a distant family member who did one of those online Harvard certificate classes and calls herself a Harvard grad
babycat
14:55
woman at the art gallery told me I looked like an artist. hmmmm
14:57
Online credential programs are a grift on the part of the school to sell their brand name, imo
14:57
"pay $5k for this credential to associate with our school!"
14:58
but that is what all post high school education is, so i digress
JumpySubsequentDolphin
15:03
@babycat: wait this would make my day
JumpySubsequentDolphin
15:03
acc idk if im going for an artist vibe but artist vibes are so cutesy
babycat
15:24
two different people have said that to me at the same art gallery at different times and I’m not sure what it is about me that makes them think that
JumpySubsequentDolphin
15:35
it could be the way you dress
JumpySubsequentDolphin
15:35
artists dress quite nice
15:37
my favorite one recently was this lady with an hls sweatshirt, MIT hat, and columbia tote
15:37
i think they expel hls people who dont walk around w the branded gear on
babycat
15:44
makes me so sad that students at one of the top law schools in the country can’t afford unbranded clothes. we really need to be doing more to support our students 🙏
16:26
maybe students at top law schools reject the notion of paying to become a walking billboard for a school that they are paying $400k+ to attend?
16:28
wow 'reject the notion'- I am such a fuckin tool lmfao. that is straight rhetorical lingo
babycat
16:39
@llama: that is literally the opposite of what I said
babycat
16:40
they are very visibly wearing the merch. I'm just theorizing as to why they do so
16:50
*should. My point is that they [students at top LS] are trying to gain status with laypeople to justify their education by wearing the brand which affords them Le prestige / status in everyday life
16:57
today they were going extra hard because of yale harvard football
17:00
its good to display pride in things but the superiority complex that seems to accompany the expression of this particular achievement rapidly becomes irksome
17:01
and they're all morose, if it was joie de vivre that would be nice
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