The investment group pushing for major changes at Dallas-based Southwest Airlines has called for a special meeting to replace the company's board of directors.In a news release Monday, Elliott Investment Management said it wants to hold a vote on Dec.

Take Aways Elliott Investment Management has called for a special meeting of Southwest Airlines shareholders in December. The investment firm has nominated eight board candidates, and has recommended removing eight current board members.

Elliott, the airline's second-largest shareholder, is calling for a meeting Dec. 10 and says it will be filing a proxy statement with the U.S. Securities and Exchange Commission. Southwest Airlines still must confirm the special shareholder meeting.