Not worry, you should be worried. With the new adopted regulations there is no longer a rule in place that a proxy group needs a minimum percentage of shares to initiate a proxy campaign. A shareholder with a single share could launch a proxy fight. It's a complete disaster you'll have every gadfly irate at a company launching proxy contests just as an irritant.

Quote:

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Unlike comparable rules previously adopted by the SEC, the new rules provide no barrier to entry in the way of fixing a minimum amount or duration for stock ownership.

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