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Jun 30, 1998

Loud and proud

Individual shareholder activists and are a force to be reckoned with

You can find anything in a shareholder base. Paris-based corporate governance advisor Sophie L'Helias discovered that last year at the Eurotunnel annual meeting. Having collected proxies to wave in the face of a company teetering on the edge of bankruptcy, L'Helias finally opted to vote on the side of management. And that's when the trouble really started: she was physically threatened by angry shareholders despite being seven months pregnant. 'If shareholders feel a company hasn't treated them fairly,

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