Issue categories:
January 17, 2020
•
1 min read
Intuit Shareholders Urged to Vote Against Forced Arbitration Proposal
Washington, D.C. – With Intuit shareholders scheduled to vote on a proposal to strip shareholders of their right to hold the company accountable for any wrongdoing in court, more than 50 organizations sent a letter to the Board of Directors expressing their opposition to the measure. The effect of the proposal, which would force all shareholder disputes into individual arbitration at a single, pre-determined arbitration firm, would be to effectively eliminate both the deterrent effect of class-action shareholder lawsuits and the opportunity for defrauded investors to recover their losses, the groups wrote.
Our Subject Matter Experts
Ragz Chutani
Research and Advocacy Associate for Investor Protection and Crypto Markets
Related Articles
August 05, 2026
/ Testimony & Comments
CFA Letter to Congress Opposing “AI Sandbox” Provision in CLARITY Act