Publications
Shareholder Activism in US Regulated Industries
Ethical Boardroom
March 2021
Companies in highly regulated industries have historically been subjected to relatively few campaigns and demands from shareholder activists, primarily because any would-be activist seeking the support of its fellow shareholders would face the added challenge of needing to navigate a complex regulatory regime and potentially obtain regulatory approvals. In this article partner and co-chair of the global Shareholder Activism Group Ele Klein, M&A and Securities associate Brandon Gold and former Schulte lawyer Joseph Vitale discuss the barriers and opportunities for activist investors in regulated industries.