Bass, Berry & Sims attorney Scott Bell authored an article outlining four things that every public company should do now in advance of a shareholder activist situation. The four guidelines include:
- Know Your Shareholders (and let them get to know you).
- Know Your Board (and how it is perceived).
- Know Your Team (and have it ready to go).
- Know Your Defenses (and keep them current).
The full article, "Defending Against Activist Shareholders: Four Things to Know and Do Now," was published by Corporate Compliance Insights on March 1 and is available online.