Not really a tax question but I'll bet you know the answer.

For years the stock broker relayed a message by email about the annual
meeting for each stock I own.

They were all purely informative, bare bones. This year, most are like
the first one below. Others are different but all of them are urging
me to vote.
Vote Now!....
Last chance to vote!....
Time sensitive. VOTE NOW!...
Your Nnnnn shares are still unvoted.
Your vote matters! Act today regarding Nnnnn

Has something happened, some rule or law changed, to prompt them to do
this? The broker is Morgan Stanley, fwiw.

The last two message above are both and only for Nnnnn, Nextera Energy,
in addition to the first message. 3 altogether. Are brokers being paid
to encourage stockholders to vote?


2) Any chance they will bring back in person meetings? I've only been
to two and a half, but they were fun and I could pretend I was a fatcat.

(The first was great, a big buffet in the lobby but I arrived just in
time, went in to the meeting, and when I sneaked out 10 minutes later
all the food was gone. Then they had a rebellious stockholder that they
shut down. Is/was it common to serve food? Good food?
The second, I arrived 60 minutes early to Philadelphia, went in, was
told it hadn't started, got back 5 minutes late and they woudln't let me
in. I had to really complain to get in and then it was really boring,
not many there, no food, but I'm glad I went.
For the third I checked the webpage in the morning and then drove to Wilmington only to see that the meeting was canceled even though nothing
was on the webpage. (But I went sightseeing to the original Dupont factory/laboratory where he made gunpowder for the Civil War, and had a
very good time.))

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It appears that micky <NONONOmisc07@fmguy.com> said:

Has something happened, some rule or law changed, to prompt them to do
this? The broker is Morgan Stanley, fwiw.

I've seen them too and I think it's just a change at the company that
does the proxy solicitations. There' a long standing problem that
small shareholders do not vote, which makes it hard to get a quorum to
approve simple changes like the increasing the number of shares the
company can issue. So it's not surprising they're doing some cheap
email marketing to get people to vote.

2) Any chance they will bring back in person meetings? I've only been
to two and a half, but they were fun and I could pretend I was a fatcat.

Depends on the company. My local bank is listed on the Amex and is
having an in-person meeting next week. I figure I'll go, it's only
20 minutes away and I can complain that they bought back shares at 75
last year, now the price is 55, can you not do that again, please.

--
Regards,
John Levine, johnl@taugh.com, Primary Perpetrator of "The Internet for Dummies",
Please consider the environment before reading this e-mail. https://jl.ly

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<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2011) - All rights reserved. >>
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