Five years ago, it was reported that hedge fund Perry Capital had purchased shares of Mylan Laboratories allegedly to influence the shareholder vote in Mylan’s pending takeover of King ...
On July 16, 2009, the Treasury Department proposed additional legislation as part of the Investor Protection Act of 2009[1] (the “Act”), titled Subtitle D – Executive Compensation (...
On July 10, 2009, the Securities and Exchange Commission (SEC) issued a proposed rule that would amend the compensation disclosure requirements in Regulation S-K.
The SEC voted today (3-2) to eliminate broker discretionary voting in director elections for meetings held on or after January 1, 2010. Previously, brokers were permitted to vote uninstru...
On June 10, 2009, the U.S. Department of Treasury issued regulations implementing the compensation requirements under the American Recovery and Reinvestment Act of 2009 (ARRA), which amen...
Yesterday, various agencies of the Federal government announced or released pronouncements and guidance affecting executive compensation and corporate governance. While some are focused o...
It’s proxy time, and business reporters are riding their favorite seasonal hobby horse: executive compensation. This year’s stories are colored by the current financial and business c...
On March 14, 2009, news media reported that American International Group, which had received more than $170 billion in government assistance under TARP, would honor obligations to pay app...
The long awaited public-private investment program announced by Secretary Geithner on March 23, 2009 contains two key components: a securities purchase program, designed to remedy the ill...
Media and public attention surrounding the American Recovery and Reinvestment Act of 2009, enacted on February 17, 2009 and commonly referred to as the stimulus bill, has typically focuse...