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The SEC called the proxy materials materially false and misleading.
In its proxy materials, ExxonMobil rejected that argument.
Still, getting proxy materials approved by the S.E.C. could take months, analysts and advisers said.
That is, if it is included in the 2015 proxy materials at all.
Mid-Atlantic said its proposal would be included in proxy materials sent to investors before Provident's April 21 annual meeting.
Last February, Mr. Adams, an independent analyst in Los Angeles, filed proxy materials about the board seat.
The case presents several viewpoints and includes primary documents, including the tender offer and proxy materials.
According to proxy materials, Mr. Engel was not one of Morgan's five highest-paid executives last year.
This list of candidates competes with those on the firm's own proxy materials, sent to shareholders before annual meetings.
According to Symantec's most recent proxy materials, directors get around $250,000 a year in cash and stock.
Once parties have begun to trade blows by the filing of preliminary proxy materials and other pre-commencement materials, it becomes more difficult to settle, and settlements after the mailing of the definitive proxy materials are rarer still.
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