Gibson Dunn is Top Firm in Navigating SEC No-Action Shareholder Process

By Che Odom, Bloomberg BNA

The trend of increasing shareholder activism means companies spend more time and resources engaging with investors.

It also presents a business opportunity — one that Los Angeles-based Gibson, Dunn & Crutcher LLP and a few other firms have been able to seize.

Bloomberg BNA’s Corporate & Transactional editorial team looked at “no action” letters that received responses from the Securities and Exchange Commission staff between Jan. 1 and May 10. It found that Gibson Dunn had filed 38 of the letters—far more than any other law firm out of the 121 requests in which companies ...