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SEC Grants No-Action Relief to Whole Foods to Exclude Proxy Access Shareholder Proposal
2014-12-11 19:01:25| Grocery - Topix.net
On December 1, 2014, the staff of the Securities and Exchange Commission granted no-action relief to Whole Foods Market regarding its request to omit a shareholder proposal from its proxy materials pursuant to Rule 14a-8 under the Securities Exchange Act of 1934. Rule 14a-8 states that a company may exclude a shareholder proposal if such proposal directly conflicts with one of the company's own proposals to be submitted to shareholders at the same meeting.
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Category:Food and Related Products
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