Proxy Advisors · 09

Section 6 of 9

What we don’t know yet — open empirical questions

Long-form source as of v1.6 · 2026-08-05

SMU CGI’s practice is to be explicit about what the page does not show. The following items are open as of 2026-08-05 and are flagged here rather than papered over:20

Open question Why it remains open When likely resolved
ExxonMobil recommendation-pattern allegation Testable against the SMU CGI Reincorporation Index cohort; SMU CGI has not yet published the matched-firm test. Allegation, not finding. Update (Aug. 5, 2026): the underlying vote-outcome record now exists in the Index (register 2026-08-06: 14 Texas-destination shareholder-meeting votes Jan. 1–Aug. 6, 2026, 12 approved, 2 rejected — universe: SEC-reporting firms, meeting votes only; written consents and the pre-registration American Fusion conversion excluded); a Layer 01 data dispatch is queued. Layer 01 dispatch ahead of Q1 2027
Glass Lewis v. Paxton docket number Resolved: No. 1:25-cv-01153-ADA (W.D. Tex.) — confirmed from the filed complaint (Doc. 1, July 24, 2025) and the Attorney General’s motion papers. Resolved 2026-08-05
Federal trial posture — Feb. 2, 2026 Resolved: the February 2, 2026 setting did not proceed; the preliminary injunction remains in effect; no new trial date as of Aug. 5, 2026. Re-check at next docket pull
Federal PI scope — reach into DTPA framing Whether the firm-specific Aug. 29, 2025 PI bars the May 20, 2026 DTPA action is itself a question the Collin County proceeding will surface. Collin Cty. early-stage motion practice
Glass Lewis 2027 benchmark sunset — official paper URL Reuters, Skadden, Harvard CorpGov, Akin Gump all report. Official Glass Lewis position-paper URL not yet linked. SMU CGI will link when posted
Texas AG press-release slug (May 20, 2026) Page links to AG news-release index plus AG-hosted petition PDF. Specific release slug pending verification. Direct verification
Layers 01–03 empirical infrastructure Schema designed (Layer 01), cadence confirmed (Layer 02), methodology drafted (Layer 03). Live data not yet running. Q1 2027 cadence

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