Word: mobiles
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CCRP, which owns two shares of Mobil stock, submitted its resolution to Mobil in December, and asked Mobil to print a supporting statement along with the proxy if the corporation recommends a negative vote on the resolution...
Last month, CCRP members asked the SEC to recommend action against Mobil if it omits their proxy...
...Mobil representatatives argued that the CCRP proxy is "substantially the same" as a resolution it submitted to the corporation in 1980, which dealt with the corporation's activities in Rhodesia...
...Mobil also claimed that the resolution contained "false and misleading statements" and can be excluded under an SEC rule which prohibits such material...
...Mobil argued that the CCRP proposal relates to the "conduct of the ordinary business operation" of the corporation, and can be omitted under SEC rules...