Olshan Client Nominates Nine Director Candidates and Proposes New CEO to Turn Around U.S. Steel

The Wall Street Journal and The New York Times (subscription required), as well as several other national media outlets, have reported on Olshan client Ancora Holdings Group, LLC nominating nine directors to the board of U.S. Steel, including CEO candidate Alan Kestenbaum. Olshan Co-Managing Partner and Chair of the firm’s Shareholder Activism Practice Andrew Freedman leads the Olshan team in representing Ancora in this matter, which includes Shareholder Activism associates Andrew Astore, Mark Kiley and Ryan Busch, law clerks Calli Schmitt and Shifra Ben-Jacob and white collar litigation partner Robert Appleton.