Judge Finds SEC Amendments To Corporate Proxy Statement Rule Didn’t Violate APA

( July 3, 2025, 8:23 AM EDT) -- WASHINGTON, D.C. — A federal judge in the District of Columbia granted the Securities and Exchange Commission’s motion for summary judgment and denied shareholder advocates’ motion for summary judgment in a case brought by the shareholder advocates alleging that recent final amendments to SEC Rule 14a-8 violated the Administrative Procedure Act (APA), finding that the SEC provided satisfactory justification under the APA for its amendments....