NJAC Demands Inspection of New York Times Books and Records on behalf of Shareholder Concerned with Source-Verification Procedure
- 3 days ago
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VIA CERTIFIED MAIL AND EMAIL
Board of Directors
The New York Times Company
Attn: Diane Brayton
Executive Vice President, Chief Legal Officer and Corporate Secretary
620 Eighth Avenue
New York, New York 10018
May 29, 2026
Re: Common-Law Shareholder Demand for Inspection of Books and Records
Dear Ms. Brayton:
We write on behalf of the National Center for Public Policy Research (the “Stockholder” or “NCPPR”), a beneficial shareholder of The New York Times Company (the “Company”). This letter is Stockholder’s demand pursuant to New York Business Corporation Law Section 624, New York common law and the shareholder common-law right of inspection to inspect certain books and records under the Company’s control. Common law inspection rights are expressly preserved by Section 624(f), which provides: “Nothing herein contained shall impair the power of courts to compel the production for examination of the books and records of a corporation.” Verified documentary evidence of Stockholder’s beneficial ownership of Company shares is attached as Exhibit 1, and such documentary evidence is a true and correct copy of what it purports to be. A duly executed power of attorney appointing the National Jewish Advocacy Center to act in the Stockholder’s name, place, and stead in all matters relating to the inspection and examination of the books and records of The New York Times Company is attached as Exhibit 2.
Stockholder writes with several purposes, all of which are proper under New York law...
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