That would give greater ammunition to disgruntled shareholders who are suing the company over its accounting.
However, if the disgruntled shareholders withhold more than last year's roughly 30 percent, it would be seen as a further admonishment of the company's management.
Q. In general, do you tell your clients to work with activists and disgruntled shareholders or to stonewall them?
That could open the bank to further lawsuits by disgruntled shareholders.
Home Depot, in a bow to disgruntled shareholders, said yesterday that it would require a majority vote from shareholders for the election of board members.
It faces a number of lawsuits by disgruntled shareholders.
The Franklin managers are not the only disgruntled shareholders.
What has emerged is a story with famous names, allegations of managerial deceit and disgruntled shareholders.
Many disgruntled shareholders are threatening lawsuits over Nestle's move.
At most big companies, the strongest statement that disgruntled shareholders can make is to withhold their votes.