We can just ignore them.
Honestly - some guy controls 1% of the stock. Or 5%. That's not 50%. Good luck getting another 45% of shareholders to agree with you.
I was utterly SHOCKED to find out a few years ago that a MASSIVE amount of a CEO's time is spent talking with investors and analysts. I'm sorry. WHAT????
If I was a big-wig CEO, I'd focus on MAKING MY COMPANY BETTER. Maybe I'd do a "press conference" style thing at 9am every Friday or something. Otherwise, leave me the F alone and let me run the company. You want news? Check out the earnings. Period. Go away!
As far as these lawsuits? I'd publish on PAGE FREAKING ONE of the annual and quarterly report how much profit was lost b/c of this bullspit. Other investors would get on board and shut this crap down pretty damned fast. Who is gonna pay if they "win" the lawsuit? The company. Ergo - even LESS profits.
You want pressure? We'll have shareholders pressure you right back. Go the F away! The rich don't want you pissing in their organic individually curated Wheaties.