Another approach would be a petition from shareholders seeking a revised policy.
Besides, tipping their hand would only push shareholders to seek more.
The shareholders then sought the assistance of their home states in seeking to obtain a larger settlement.
But even before those notices go out, some companies like American Century say they will provide guidance to shareholders seeking that information.
It also spurred the efforts of shareholders seeking more socially responsible corporate policies.
At some companies, shareholders are seeking the resignations of directors who serve on Enron's board.
So far, 11 lawsuits have been filed by shareholders seeking to overturn the executive payments.
In February, the commission ruled that shareholders could seek votes on their views about pay packages.
A Macy's shareholder is seeking talks with management about a plan to get the retailer out of bankruptcy.
However shareholders can seek controls on the issue of shares by Directors in the Articles.