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CALIFORNIA CORPORATE & SECURITIES LAW

I Find More Confusion On Tallying Votes

I recently came across the following vote tally in Item 5.07 of Form 8-K: 73,197,209 votes for (28.9% of the voted shares) 177,776,280 votes against (70.2% of the voted shares) 2,113,797 abstentions (0.8% of the voted shares) 26,725,569 broker non-votes Item 5.07(b) requires disclosure of “the number of votes cast for, against or withheld, as…

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