Fox (FOXA) has released an update to notify the public and investors about corporate charter and bylaws modifications.
On February 6, 2024, a significant update to the Company’s governing rules was approved, introducing new disclosure protocols for director nominations and proposal submissions at shareholder meetings. Additionally, the update designates US federal district courts as the sole venue for resolving claims under the Securities Act of 1933. These changes, along with other administrative and modernizing amendments, aim to streamline and clarify the Company’s operations.
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For a comprehensive understanding of the announcement, you can read the full document here.
