East vs. West? Harvard vs. Stanford? Liberals vs. conservatives? Corporate law experts are choosing sides after a published attack on Harvard University’s Shareholder Rights Project suggested the project’s work was illegal. And now three former general counsel for the U.S. Securities and Exchange Commission have joined the fray.
The Shareholder Rights Project (SRP) was established by the Harvard Law School Program on Institutional Investors to help investors gain more clout. For the past three years, the SRP clinic worked to destagger or declassify the board elections at large companies, and succeeded for 121 of them.
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