Wilson Sonsini annually publishes the Silicon Valley 150 Corporate Governance Report, which analyzes the governance practices and disclosures of the Valley’s largest public companies. The report uses the Lonergan SV150[1], which includes the top 150 public companies (by annual sales) with headquarters in Silicon Valley. We will
Continue Reading Sneak Peek: Diversity in 2025 SV150 Corporate Governance ReportWilson Sonsini
The Ninth Circuit Stays Enforcement of SB 261
Posted on
Posted in ESG
On November 18, 2025, the Ninth Circuit Court of Appeals (the Court) granted an injunction that stays enforcement of SB 261 while the Court reviews an appeal related to the ongoing litigation challenging SB 261 and SB 253 on First Amendment grounds. SB 261 requires public and private companies with…
Continue Reading The Ninth Circuit Stays Enforcement of SB 261Corp Fin Announces Significant Changes Regarding Rule 14a-8 This Proxy Season
Posted on
Posted in Proxy
On November 17, 2025, the SEC’s Division of Corporation Finance announced that it will largely refrain from issuing responses to company requests to exclude shareholder proposals under Exchange Act Rule 14a-8—except where exclusion is sought on the basis that the proposal is not a proper subject for shareholder action under…
Continue Reading Corp Fin Announces Significant Changes Regarding Rule 14a-8 This Proxy SeasonSneak Peek of the Silicon Valley 150 Companies’ Governance Practices: Defensive Measures
Posted on
Posted in Corporate Governance
Wilson Sonsini annually publishes the Silicon Valley 150 Corporate Governance Report, which analyzes the governance practices and disclosures of the Valley’s largest public companies. The report uses the Lonergan SV150,1 which includes the top 150 public companies (by annual sales) with headquarters in Silicon Valley. We will be publishing our full 2025 report in December, but we wanted to share some early data points.
Continue Reading Sneak Peek of the Silicon Valley 150 Companies’ Governance Practices: Defensive MeasuresInsider Trading Policies: A Survey of the SV150
Posted on
Posted in Corporate Governance
Our recently published report, Insider Trading Policies: A Survey of the SV150, provides an in-depth analysis of the insider trading policies filed by Silicon Valley’s largest public companies. The report examines several key elements of these policies including persons subject to the policy, quarterly blackout periods, pre-clearance requirements, gifts…
Continue Reading Insider Trading Policies: A Survey of the SV150ISS Peer Group Submission Window Opens November 10
Posted on
Posted in Proxy
On November 3, 2025, ISS Governance (ISS) announced the scheduled November 10, 2025, opening of its peer group submission window for U.S. and Canadian corporations with annual meetings slated to be held between February 1, 2026, and September 15, 2026, and for European corporations with meetings slated to be held…
Continue Reading ISS Peer Group Submission Window Opens November 10Navigating Shareholder Engagement and Shareholder Activism: Essentials and Best Practices
Posted on
Posted in Activism
This recently published white paper, authored by Larry Sonsini and Doug Schnell, delves into the essentials and best practices of navigating shareholder engagement and shareholder activism. Wilson Sonsini’s experience helping numerous clients engage with and respond to their shareholders gives us unique insight on the practices that stand…
Continue Reading Navigating Shareholder Engagement and Shareholder Activism: Essentials and Best PracticesSEC Chairman Addresses Potential Reforms Relating to Shareholder Proposals and Shareholder Litigation
Posted on
Posted in Corporate Governance
Our recent Client Alert discusses a much-publicized keynote address by SEC Chairman Paul S. Atkins at the University of Delaware’s John L. Weinberg Center for Corporate Governance. While formal rulemaking is stalled due to the government shutdown, his comments signal possible reforms relating to shareholder proposals and shareholder litigation.
Apart…
Continue Reading SEC Chairman Addresses Potential Reforms Relating to Shareholder Proposals and Shareholder LitigationWhite House Announces Significant Increase in Fee for New H-1B Visas
Posted on
Posted in Miscellaneous
Our recent Client Alert discusses the Trump Administration’s announcement that it will charge companies $100,000 for new H-1B visas filed after September 21, 2025. This is a significant increase in the cost of H-1B visas and is expected to impact the ability of American companies to hire skilled workers from…
Continue Reading White House Announces Significant Increase in Fee for New H-1B VisasSEC Issues Policy Statement Clarifying View on Mandatory Arbitration Provisions
Posted on
Posted in SEC Reporting
Our recent Client Alert discusses the SEC’s newly issued Policy Statement clarifying that mandatory arbitration provisions in a company’s governing documents will not delay the effectiveness of registration statements for securities offerings. This marks a shift in the SEC’s approach; previously, concerns were expressed that such provisions were potentially inconsistent…
Continue Reading SEC Issues Policy Statement Clarifying View on Mandatory Arbitration Provisions