Does “Notice & Access” Really Save Companies Money?
Our guest – Toppan Merrill’s Mike Spelman – joins us to map out how the Notice & Access model might not be a cost-effective one for some in the corporate community as it currently stands.
This is due to the way that processing fees are structured. His reviews repeatedly show that N&A costs are as much, or more, than the costs of mailing full set.
So even though companies using N&A think they are going to save, they wind up spending a bunch on secondary mailings (since the recipient of a Notice of Internet Availability is not likely to vote, according to Broadridge stats) and solicitation fees.
For many more Vid-Guides dealing with corporate & securities law, corporate governance, E&S issues and more – particularly if you want to review any Vid-Guides referred to during this Vid-Guide – see the list of Vid-Guides spread throughout these categories:
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- Sustainability/E&S
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