Activist Elliott sues Phillips 66 to protect shareholder rights
Activist investor
The complaint, filed in the
The lawsuit comes less than four weeks after Elliott,
which owns a
The board currently has 14 members but will shrink to 12
after the company's annual meeting in May.
(Reporting by
(c) Reuters 2025. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

Related News
-
Glass Lewis recommends votes "against" CEO pay at Goldman Sachs
Reuters - 10:10 AM ET 3/29/2025
-
Glass Lewis recommends votes "against" CEO pay at Goldman Sachs
Reuters - 10:07 AM ET 3/29/2025
-
India and US making progress towards trade deal, officials say
Reuters - 10:06 AM ET 3/29/2025
-
Trump commutes Ozy Media founder Watson's nearly 10-year sentence
Reuters - 9:44 AM ET 3/29/2025
-
Stellantis to buy CO2 credits from Tesla 'pool' also in 2025, exec says
Reuters - 9:09 AM ET 3/29/2025
-
Stellantis to buy CO2 credits from Tesla 'pool' also in 2025, exec says
Reuters - 9:03 AM ET 3/29/2025
-
Trump presses advisers for tariff escalation ahead of April 2, Washington Post reports
Reuters - 8:02 AM ET 3/29/2025