In its latest shareholder campaign, activist investor CtW Investment Group has targeted 31 major companies with a letter regarding anti-compete, no-poach, non-disclosure and mandatory arbitration agreements. The letter requests that the board of directors:
- Review employment contracting practices, including the use of any of the above provisions;
- Report the board's findings in a "comprehensive and detailed report to shareholders" before the next annual meeting; and
- Commit to "increased human capital management disclosure" going forward.