This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Corporate

Mar. 20, 2015

SEC approves Chevron shareholder dividend proposal

An investor resolution demanding more financial accountability in light of rising exploration and extraction costs is slated for a vote on Chevron Corp.'s annual proxy statement.


By Banks Albach


Daily Journal Staff Writer


A resolution demanding more financial stability from Chevron Corp. is heading for a shareholder vote at the company's upcoming annual meeting on May 27, after a failed attempt by the energy giant to have the Securities and Exchange Commission nix it on legal grounds.


Sponsored and filed by As You Sow, a shareholder interest group based in Oakland, and Arjuna Capital, a wealth management firm, the...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up