Trump's SEC gave companies more power over investors. Lawsuits pushed them back

The change has prompted at least three investor lawsuits - against AT&T, Axon Enterprises and PepsiCo - and potentially more to ‌follow. By stepping back, ⁠the SEC injected ⁠uncertainty into the engagement process, said Giovanna Eichner, shareholder advocate at Green Century Capital Management, a climate-focused Boston asset manager.