A recent decision of the United States Court of Appeals for the District of Columbia has focused attention on the dissident stockholders' right to have the courts review the Securities and Exchange Commission's informal acquiescence to management's refusal to include in its proxy statement a proposal of the dissidents. The controversy centers around proxy regulation 14a-82 promulgated pursuant to section 14 of the Securities and Exchange Act of 1934.
Andrew A. Markus,
Judicial Review of SEC Rule 14a-8: No Action Decisions,
21 Clev. St. L. Rev.
available at http://engagedscholarship.csuohio.edu/clevstlrev/vol21/iss2/20