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Airbnb provides copies of stockholder complaint and alleged stockholder proposals

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Airbnb (NASDAQ: ABNB) has disclosed that The Heritage Foundation and American Conservative Values ETF filed a lawsuit against the company and its leadership in the U.S. District Court for the District of Delaware. The lawsuit alleges that Airbnb improperly excluded certain shareholder proposals from its 2025 proxy statement filed on April 25, 2025. While Airbnb disputes these claims, they have attached the complaint with the text of the two proposals. The company states they had no record of receiving these proposals previously and have offered to consider them for the 2026 shareholder meeting. Airbnb's 2025 annual shareholder meeting is scheduled for June 4, 2025, at 10:00 a.m. PDT.
Airbnb (NASDAQ: ABNB) ha comunicato che The Heritage Foundation e American Conservative Values ETF hanno intentato una causa contro la società e i suoi dirigenti presso il Tribunale Distrettuale degli Stati Uniti per il Distretto del Delaware. La causa sostiene che Airbnb abbia escluso in modo improprio alcune proposte degli azionisti dalla dichiarazione proxy per il 2025, presentata il 25 aprile 2025. Sebbene Airbnb contesti queste accuse, ha allegato il testo delle due proposte nella denuncia. La società afferma di non aver mai ricevuto tali proposte in precedenza e ha offerto di valutarle per l'assemblea degli azionisti del 2026. L'assemblea annuale degli azionisti di Airbnb per il 2025 è prevista per il 4 giugno 2025 alle 10:00 PDT.
Airbnb (NASDAQ: ABNB) ha revelado que The Heritage Foundation y American Conservative Values ETF presentaron una demanda contra la compañía y su liderazgo en el Tribunal de Distrito de los Estados Unidos para el Distrito de Delaware. La demanda alega que Airbnb excluyó de manera indebida ciertas propuestas de accionistas de su declaración proxy para 2025, presentada el 25 de abril de 2025. Aunque Airbnb disputa estas afirmaciones, han adjuntado la denuncia con el texto de las dos propuestas. La empresa declara que no tenía registro previo de haber recibido estas propuestas y ha ofrecido considerarlas para la reunión de accionistas de 2026. La reunión anual de accionistas de Airbnb para 2025 está programada para el 4 de junio de 2025 a las 10:00 a.m. PDT.
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Airbnb (NASDAQ : ABNB) a révélé que The Heritage Foundation et American Conservative Values ETF ont déposé une plainte contre la société et sa direction auprès du tribunal de district des États-Unis pour le district du Delaware. La plainte allègue qu'Airbnb a exclu de manière inappropriée certaines propositions d'actionnaires de sa déclaration de procuration 2025 déposée le 25 avril 2025. Bien qu'Airbnb conteste ces allégations, elle a joint la plainte avec le texte des deux propositions. La société déclare ne pas avoir reçu ces propositions auparavant et a proposé de les examiner pour l'assemblée des actionnaires de 2026. L'assemblée annuelle des actionnaires d'Airbnb pour 2025 est prévue le 4 juin 2025 à 10h00 PDT.
Airbnb (NASDAQ: ABNB) hat bekannt gegeben, dass The Heritage Foundation und der American Conservative Values ETF eine Klage gegen das Unternehmen und seine Führung vor dem US-Bezirksgericht für den Bezirk Delaware eingereicht haben. Die Klage behauptet, dass Airbnb bestimmte Aktionärsvorschläge unrechtmäßig aus der am 25. April 2025 eingereichten Vollmachtsunterlage für 2025 ausgeschlossen hat. Airbnb bestreitet diese Vorwürfe, hat jedoch die Beschwerde mit dem Text der beiden Vorschläge beigefügt. Das Unternehmen gibt an, keine Aufzeichnungen über den vorherigen Erhalt dieser Vorschläge zu haben und hat angeboten, sie für die Aktionärsversammlung 2026 zu prüfen. Die jährliche Aktionärsversammlung von Airbnb für 2025 ist für den 4. Juni 2025 um 10:00 Uhr PDT angesetzt.
Positive
  • Company demonstrates transparency by providing copies of the complaint and proposals
  • Airbnb shows willingness to work with shareholders by offering to consider proposals for 2026 meeting
Negative
  • Legal action against company and leadership could result in reputational damage
  • Potential governance concerns raised by alleged improper exclusion of shareholder proposals
  • Risk of legal costs and management distraction from lawsuit

SAN FRANCISCO, June 3, 2025 /PRNewswire/ -- On June 2, 2025, Airbnb (NASDAQ: ABNB) learned that the company and certain of its directors and executives were named as defendants in a lawsuit filed in the U.S. District Court for the District of Delaware by The Heritage Foundation and American Conservative Values ETF.

The complaint alleges, among other things, that Airbnb improperly excluded certain shareholder proposals from its 2025 definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on April 25, 2025 (the "Proxy Statement").

Airbnb disputes the characterizations and claims in the complaint, but nevertheless is attaching a copy of it, with Exhibits A and B, which include the text of the two proposals. As we informed the shareholders, we do not have a record of previous receipt of the shareholder proposals, and thus, were unable to include either proposal in our Proxy Statement for shareholder review. We have offered to work with the shareholders to make sure their proposals are considered for inclusion at our 2026 shareholder meeting.

Airbnb will hold its 2025 annual meeting of shareholders on June 4, 2025 at 10:00 a.m. Pacific Daylight Time. More information about the meeting, including instructions on how to join, is available in the Proxy Statement.

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SOURCE Airbnb, Inc.

FAQ

What is the lawsuit filed against Airbnb (ABNB) about?

The lawsuit was filed by The Heritage Foundation and American Conservative Values ETF, alleging that Airbnb improperly excluded certain shareholder proposals from its 2025 proxy statement.

When is Airbnb's 2025 annual shareholder meeting?

Airbnb's 2025 annual shareholder meeting is scheduled for June 4, 2025, at 10:00 a.m. Pacific Daylight Time.

Who filed the lawsuit against Airbnb?

The Heritage Foundation and American Conservative Values ETF filed the lawsuit in the U.S. District Court for the District of Delaware.

How has Airbnb responded to the shareholder proposal controversy?

Airbnb disputes the claims but has shared the complaint and proposals publicly, stating they had no record of receiving the proposals and offered to consider them for the 2026 shareholder meeting.

Where was the lawsuit against Airbnb filed?

The lawsuit was filed in the U.S. District Court for the District of Delaware.
Airbnb, Inc.

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