ACTIVIST STARBOARD AMASSES AUTODESK STAKE, WEIGHS SUIT OVER DELAYED PROBE DISCLOSURE

Summary from the TLDR Design newsletter

Activist fund Starboard Value has acquired a $500 million stake in Autodesk. The company has raised concerns about the timing of Autodesk's disclosure of an internal investigation that led to the ouster of its CFO. The activist fund is considering legal action to reopen the nominating window for directors. It suspects that Autodesk's board delayed the disclosure to limit shareholder influence.